Pharma BD Deal Intelligence

AbbVie Inc. / Halozyme Therapeutics, Inc. (ENHANZE platform)

2015 · Licensing/Option · $1.2B · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Jun 03, 2015 Halozyme Therapeutics (PR Newswire) Bullish

We are pleased that AbbVie, a global leader in the development of novel therapeutics, has chosen Halozyme's ENHANZE platform to augment their development…

Aug 10, 2015 SEC EDGAR — Halozyme 8-K Exhibit (Q2 2015 earnings release) Bullish

In the ENHANZE pillar, we signed our largest licensing agreement in company history with AbbVie, which has the potential to generate new royalty revenue and…

Nov 22, 2016 Drug Discovery & Development (drugdiscoverytrends.com) Bearish

AbbVie discontinued its development program with Halozyme after a Phase 1 trial of the high-concentration Humira formulation fell short — a setback for a…

Source summaries from our enrichment pipeline; follow links for originals.

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AbbVie and Halozyme entered a global collaboration applying Halozyme's ENHANZE platform to up to nine AbbVie targets. Halozyme received $23M upfront with up to $130M in milestones per target (~$1.17B aggregate across 9 targets). AbbVie terminated the collaboration November 2016.

Key facts

Related deals — scored

DealYearValueOutcome
AbbVie Inc. / Halozyme Therapeutics, Inc. (ENHANZE platform) (this deal)2015$1.2B
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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