Pharma BD Deal Intelligence

AbbVie Inc. / Celsius Therapeutics Inc.

2024 · Acquisition/Merger · $250M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jun 27, 2024 BioPharma Dive Bullish

AbbVie will pay $250 million to acquire Celsius Therapeutics, a Cambridge, Massachusetts-based biotech that spun out of the Broad Institute to use single-cell…

Jun 27, 2024 Reuters Neutral

AbbVie said on Thursday it had acquired privately held Celsius Therapeutics for about $250 million in cash, adding an experimental inflammatory bowel disease…

Jun 28, 2024 Pharmaceutical Technology Bullish

AbbVie has completed the acquisition of Celsius Therapeutics, a clinical-stage biotechnology company focused on inflammatory bowel disease, for approximately…

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AbbVie acquired clinical-stage Celsius Therapeutics for $250M in cash, a deal announced and closed on June 27, 2024. Celsius's lead asset CEL383 is a potential first-in-class anti-TREM1 antibody for inflammatory bowel disease (IBD); TREM1 is expressed on inflammatory monocytes and neutrophils and acts as an amplifier of inflammation upstream of multiple known IBD pathways. At deal, CEL383 had completed a Phase 1 single-ascending-dose study in healthy volunteers. Under AbbVie the program was renamed ABBV-8736 and has advanced: a Phase 1 multiple-ascending-dose study (NCT07141199) completed, a Phase 1 subcutaneous-vs-intravenous bioavailability study (NCT07413133) began in February 2026, and ABBV-8736 was added as a treatment arm in AbbVie's Phase 2a platform study in moderate-to-severe Crohn's disease (NCT06548542). Top-25 pharma buyer.

Key facts

Related deals — scored

DealYearValueOutcome
AbbVie Inc. / Celsius Therapeutics Inc. (this deal)2024$250M
AbbVie Inc. / Boehringer Ingelheim GmbH2016$2.2B95
AbbVie Inc. / Genmab A/S2020$3.9B81
AbbVie Inc. / Pharmacyclics Inc.2015$21.0B79
AbbVie Inc. / Apogee Therapeutics, Inc.2026$10.9B72
AbbVie Inc. / ImmunoGen Inc.2023$10.1B69
AbbVie Inc. / Gilgamesh Pharmaceuticals Inc.2024$2.0B64

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