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Nanobiotixachieves $20M milestone payment from Johnson & Johnson subsidiary

Nanobiotix announced achievement of operational requirements in NANORAY-312, an ongoing pivotal Phase 3 study evaluating potential first-in-class radioenhancer NBTXR3 for elderly patients with head and neck cancer, resulting in a $20M milestone payment from strategic partner Janssen Pharmaceutica, a Johnson & Johnson (JNJ) company. This $20M represents the first applicable development milestone from the global licensing agreement executed between Nanobiotix and Janssen.

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