Form 8-K Tracon Pharmaceuticals, For: Sep 27

Go back to Form 8-K Tracon Pharmaceuticals, For: Sep 27

TRACON Pharmaceutical (TCON) Offers Additional Detail on Janssen Licensing Agreement

September 28, 2016 4:41 PM EDT

TRACON Pharmaceutical (NASDAQ: TCON) disclosed the following in a U.S. SEC filing on Wednesday:

Item 1.01 - Entry into a Material Definitive Agreement.

On September 27, 2016, TRACON Pharmaceuticals, Inc. (the Company) entered into separate transactions with Janssen Pharmaceutica N.V. (Janssen) and its affiliate, Johnson & Johnson Innovation-JJDC, Inc. (JJDC) consisting of a license and option agreement with Janssen (the License and Option Agreement) and a stock purchase agreement and investor agreement, each with JJDC (the Stock Purchase Agreement and the Investor Agreement, respectively).

License and Option Agreement

Under the License and Option Agreement, Janssen granted the... More