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Johnson & Johnson

Drug Names(s): Yellow Fever vaccine (CRXL)

Description: Crucell is developing Flavimun, a live, attenuated yellow fever (YF) vaccine of the 17D strain, based on the know how of the well-established vaccine formerly produced by the Robert Koch institute in Germany.

Deal Structure: Flavimun was originally developed by Berna Biotech.

In February 2006, Crucell acquired Berna.

In October 2010, Johnson & Johnson and Crucell announced an agreement whereby Johnson & Johnson, through an affiliate, would acquire all outstanding equity of Crucell that it does not already own for approximately Euro 1.75 billion in a recommended cash tender offer. The acquisition was declared unconditional and completed in February 2011.

Flavimun News

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