Breaking News, Collaborations & Alliances

AbbVie, I-Mab Enter Global Immuno-Oncology Alliance

AbbVie to pay as much as $1.74 billion for Lemzoparlimab, one of I-Mab's leading drug candidates for the treatment of multiple cancers.

By: Contract Pharma

Contract Pharma Staff

AbbVie and I-Mab have signed a global collaboration agreement for the development and commercialization of lemzoparlimab (TJC4), an innovative anti-CD47 monoclonal antibody developed by I-Mab for the treatment of multiple cancers. The companies also have the potential to expand the collaboration to additional therapies. AbbVie will pay I-Mab $180 million upfront, along with a $20 million milestone payment based on the Phase I results. I-Mab will be eligible to receive up to $1.74 billion in ...

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