This is why they are planning an oral ulcerative colitis

This is why they are planning an oral ulcerative colitis trial:

Deal terms should be much better than UP.

Looks like their trial sequence jumped from 1B to 2B/3 for ulcerative colitis.

https://www.fiercebiotech.com/biotech/janssen...h-up-to-1b

https://investor.theravance.com/news-releases...-four-week

https://clinicaltrials.gov/ct2/show/NCT028186...amp;rank=4