AbbVie and EvolveImmune collaborate for advanced cancer treatments using T-cell engager platform, with up to $1.4B in milestones and royalties.

AbbVie and EvolveImmune Therapeutics have formed a collaboration to develop advanced cancer treatments using EvolveImmune's T-cell engager platform. This partnership will focus on creating multispecific antibody therapies for various cancers. EvolveImmune will receive $65 million initially, with potential earnings of up to $1.4 billion in milestones and tiered royalties on sales, aiming to enhance T-cell efficacy against tumors.

October 31, 2024
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