AbbVie pulls the trigger on a Covid-19 antibody, going all in on a drug discovered by research alliance
With multiple repurposed Covid-19 treatments already in the clinic (and one that flunked out), AbbVie is placing its next bet on something new: an experimental antibody it spent the last several months developing with Harbour BioMed, the Netherlands’ Utrecht University and Erasmus Medical Center.
AbbVie joined the antibody hunt back in June, with its sights set on Harbour’s 47D11. The Illinois-based pharma is now putting down a one-time license fee for worldwide development and commercialization rights to the antibody, which it says shows promise in not only SARS-CoV-2, but also related mutations of the virus and SARS-CoV-1. It dosed the first patient in a 24-person Phase I trial just last week.
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