Back to the immunology drawing board, AbbVie inks discovery deal with old Allergan partner
Allergan’s neurology-focused R&D pact with Sosei Heptares hasn’t been all roses, but the BD team at AbbVie found enough to like about the G protein-coupled receptor specialist’s discovery engine to kick off a new collaboration. The goal? Finding small molecules targeting inflammatory and autoimmune diseases.
The partnership starts small, with $32 million in upfront and near-term milestones plus potential option, development and commercial payments of up to $377 million. But if AbbVie chooses to execute on all four targets, the total deal value could grow to a size “in a similar ballpark” to the billion-dollar pacts with Genentech and Takeda, a Sosei spokesperson told Reuters.
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