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BioWorld - Thursday, February 5, 2026
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Home » Janux’s tumor-activated platform draws BMS in potential $850M deal
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Janux’s tumor-activated platform draws BMS in potential $850M deal

Jan. 22, 2026
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On the heels of more positive early data from the lead program derived from its tumor-activated T-cell engager (TRACTr) platform, Janux Therapeutics Inc. inked a collaboration with Bristol Myers Squibb Co. that comes with $50 million in up-front and near-term milestone payments, with the possibility of up to $800 million more tied to development, regulatory and commercial milestones.
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