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J&J makes $1B bet on emerging DAC space by netting Firefly Bio

Johnson & Johnson has paid $1 billion upfront to buy itself a degrader antibody conjugate (DAC) plat...

BUSINESS NEWS June 08, 2026

J&J makes $1B bet on emerging DAC space by netting Firefly Bio

Johnson & Johnson has paid $1 billion upfront to buy itself a degrader antibody conjugate (DAC) platform via the acquisition of Firefly Bio.

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Johnson & Johnson has paid $1 billion upfront to buy itself a degrader antibody conjugate (DAC) platform via the acquisition of Firefly Bio.

Author: Fierce Biotech

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