Pharma Deals Review, Vol 2014, No 10 (2014)

Font Size:  Small  Medium  Large

AbbVie Partners with Infinity and Google-Backed Calico in Dealmaking Spree

Heather Cartwright

Abstract


Only weeks after purchasing a royalty buyout option for its lead asset duvelisib (IPI-145) from Takeda’s Millennium Pharmaceuticals, Infinity Pharmaceuticals has licensed the phosphoinositide-3-kinase (PI3K)-delta/gamma inhibitor to AbbVie in a deal potentially worth US$805 M. AbbVie has also agreed to invest up to US$750 M to fund an R&D collaboration focused on age-related diseases with Google-backed start-up Calico Life Sciences.



Add comment

Creative Commons License
This work is licensed under a Creative Commons Attribution 3.0 License.