Breaking News, Collaborations & Alliances

AbbVie, EvolveImmune Partner to Develop Next-Gen Cancer Biotherapeutics

Will leverage EvolveImmune's EVOLVE T-Cell Engager Platform to develop multispecific therapeutic antibodies for cancer.

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By: Kristin Brooks

Managing Editor, Contract Pharma

AbbVie and EvolveImmune Therapeutics, an immuno-oncology company developing next-gen biotherapeutics, entered a collaboration and option-to-license agreement to develop multispecific biologics for multiple targets in oncology. The discovery partnership will leverage EvolveImmune’s T-cell engager platform to develop novel antibody-based therapies for solid and hematologic malignancies.   EvolveImmune will receive $65 million upfront and an equity investment from AbbVie and is eligible for...

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