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Blackstone, Johnson & Johnson enter co-funding agreement for bleximenib

Blackstone Life Sciences (BX) announced a research and development funding agreement to advance the clinical development of bleximenib, an investigational oral menin inhibitor, for acute myeloid leukemia. Johnson & Johnson (JNJ) and funds managed by BXLS will jointly finance a portion of the ongoing and future clinical trials of bleximenib in AML. This is the first time that BXLS and Johnson & Johnson have entered into a co-funding agreement.

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