facebook


Go Pro
+ Submit+ Submit a Deal
Home

/

Deals

/

National

/

All

/

Sale

/

Johnson & Johnson Acquires ...

Updated Jun 8, 2026

SOLD

Johnson & Johnson Acquires Firefly Bio For $1 Billion To Enhance Oncology Pipeline

Building Size

—

Asset Type

—

Closing

Jun 8, 2026

About this deal

AI

Johnson & Johnson has agreed to acquire Firefly Bio for $1 billion in cash, expanding its oncology pipeline with a novel cancer-targeting technology focused on KRAS-driven tumors. The deal centers on Firefly Bio’s Firelink degrader antibody conjugate platform, which combines antibody-drug conjugate delivery with targeted protein degradation to more precisely attack cancer cells while limiting damage to healthy tissue. The transaction is expected to close pending regulatory approvals.

Summary of transaction details:

  • Deal Type: Acquisition
  • Transaction Amount: $1,000,000,000
  • Company Headquarters: New Brunswick, New Jersey

Firefly Bio specializes in innovative cancer therapies targeting KRAS mutations, which are particularly challenging in oncology. The acquisition will enhance Johnson & Johnson's capability to develop next-generation therapies for hard-to-treat solid tumors, further strengthening their oncology pipeline.

Players

Johnson & Johnson
Johnson & JohnsonBuyer

Market CRE Market Snapshot

Boundary boundary · CRE · Sale transactions

Loading comparables…

Deal FAQ

Browse this market sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

5.80%

Cash-on-Cash

-1.66%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

More Deals