Pharma BD Deal Intelligence
Venetoclax is a BCL-2 inhibitor co-developed by AbbVie and Genentech Roche through collaboration valued at $500 million including milestones
Anti-cancer treatment venetoclax yields US$325M in landmark Australian deal originating from AbbVie-Genentech collaboration research
FDA approves Genentech and AbbVie Venclexta venetoclax combination to treat AML demonstrating success of BCL-2 inhibitor co-development
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Abbott Laboratories and Genentech entered a co-development and co-commercialization collaboration for two oncology compounds: ABT-263 (navitoclax, BCL-2 family inhibitor) and ABT-869 (linifanib, multi-kinase inhibitor). The collaboration was later expanded to cover ABT-199 (venetoclax/Venclexta), a re-engineered selective BCL-2 inhibitor for hematologic malignancies. Companies agreed to share development costs globally and co-promote any resulting products in the United States; Abbott to promote outside the U.S. AbbVie inherited the collaboration after spinning off from Abbott in January 2013. Specific financial terms not disclosed.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| Abbott Laboratories / Genentech, Inc. (Roche Group) (this deal) | 2007 | — | 79 |
| Abbott Laboratories / Knoll Pharmaceutical Company (BASF Pharma) | 2001 | $6.9B | 100 |
| Abbott Laboratories / Knoll Pharmaceuticals (BASF Pharma) | 2000 | $6.9B | 95 |
| Abbott Laboratories / Alere Inc. | 2016 | $5.8B | 95 |
| Abbott Laboratories / St. Jude Medical | 2016 | $30.5B | 82 |
| Abbott Laboratories / TheraSense Inc. | 2004 | $1.2B | 81 |
| Abbott Laboratories / Vysis Inc. | 2001 | $355M | 79 |
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More: 2007 deals · Abbott Laboratories deals · Oncology deals