Pharma BD Deal Intelligence

AbbVie Inc. / Ichnos Glenmark Innovation (IGI)

2025 · Licensing/Option · $1.9B · Complete

Announcement Sentiment
100
Strongly positive

AbbVie obtained exclusive rights in North America, Europe, Japan, and Greater China to ISB 2001, a first-in-class CD38 x BCMA x CD3 trispecific antibody for R/R multiple myeloma, from Glenmark subsidiary IGI. Upfront $700M and up to $1.225B in milestones plus tiered royalties. Total ~$1.925B.

Key facts

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