Janssen gets Acuform tech rights

Johnson & Johnson (NYSE: JNJ) unit Janssen Pharmaceutica has licensed worldwide rights to Depomed's (NASDAQ: DEPO) Acuform gastric retentive drug delivery technology. Depomed will receive a $5 million upfront license fee, plus reimbursements for its formulation work on the project and an additional $5 million license fee following completion of that work. The technology will be used for the non-exclusive development of a fixed dose combination formulation of...