AbbVie, Genmab Collaborate on Cancer Antibody Therapies

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AbbVie and Genmab have announced a collaboration agreement to jointly develop and commercialize three of Genmab’s early-stage investigational bispecific antibody product candidates and enter into a discovery research collaboration for future differentiated antibody therapeutics for cancer. The companies say they will partner to develop epcoritamab (DuoBody-CD3xCD20), DuoHexaBody-CD37 and DuoBody-CD3x5T4. Under the deal, AbbVie will pay Genmab $750 million in an upfront payment with the potential for Genmab to receive up to an additional $3.15 billion in additional development, regulatory and sales milestone payments, as well as tiered royalties between 22% and 26% on net sales for epcoritamab outside the U.S. and Japan.

 

The companies say the collaboration will combine proprietary antibodies from both companies along with Genmab’s DuoBody technology and AbbVie’s payload and ADC technology to select and develop up to four additional differentiated next-generation antibody-based product candidates, potentially across both solid tumors and hematological malignancies. Genmab’s DuoBody-CD3 technology engages and directs cytotoxic T cells selectively to tumors to elicit an immune response towards malignant tumor cells, while AbbVie’s ADC technology allows the delivery of a therapeutic toxin directly to cancer cells while sparing healthy cells, providing for a more targeted, less toxic treatment approach, they say.

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