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ABBV AbbVie Inc

162.73
0.00 (0.00%)
Pre Market
Last Updated: 10:25:17
Delayed by 15 minutes
Share Name Share Symbol Market Type
AbbVie Inc NYSE:ABBV NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 162.73 299 10:25:17

Dragonfly Therapeutics to Collaborate With AbbVie

20/11/2019 2:44pm

Dow Jones News


AbbVie (NYSE:ABBV)
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By Michael Dabaie

 

Dragonfly Therapeutics said it is in a collaboration with AbbVie Inc. (ABBV).

The biopharmaceutical company said it and AbbVie are in a multi-target research collaboration designed to advance Dragonfly's immunotherapies for autoimmune and oncology indications.

The deal grants AbbVie the option to license exclusive worldwide intellectual property rights to develop and commercialize products directed to specific targets using Dragonfly's TriNKET technology platform.

AbbVie will pay Dragonfly an upfront payment, future success-based milestone payments and royalties, Dragonfly said.

 

Write to Michael Dabaie at michael.dabaie@wsj.com

 

(END) Dow Jones Newswires

November 20, 2019 09:29 ET (14:29 GMT)

Copyright (c) 2019 Dow Jones & Company, Inc.

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