Janssen Pharmaceutical Inc.

NEWS
Achillion is handing out pink slips to 20 percent of its employees and initiating an operational restructuring plan.
Johnson & Johnson is hoping its $100 million deal with Theravance will serve as a replacement for Remicade which lost patent protection.
FDA
Janssen got a little love from the FDA on Wednesday.
J&J inked a global collaboration deal with Theravance Biopharma to develop a drug for IBD.
Today, Janssen Biotech announced it had exercised its option to enter into a collaboration deal with Idorsia to jointly develop and market aprocitentan and any derivative compounds.
Shares of Arcturus are up nearly 15 percent in Thursday morning trading after the company inked a collaboration agreement with Janssen Pharma to develop a hepatitis B drug program.
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