Pharma BD Deal Intelligence

AbbVie Inc. / Infinity Pharmaceuticals, Inc.

2014 · Co-Development · $805M · Terminated

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Sep 03, 2014 BioCentury Bullish

Infinity shares jumped 44% to $15.74 on the AbbVie deal announcement, reflecting market enthusiasm for the $275M upfront and 23.5-30.5% ex-US tiered royalties…

Sep 04, 2014 GEN (Genetic Engineering News) Bullish

AbbVie CSO Michael Severino called duvelisib 'a very promising investigational treatment based on clinical data showing activity in a broad range of blood…

Sep 24, 2018 FiercePharma Bearish

Retrospective coverage describes duvelisib as the 'AbbVie-abandoned lymphoma drug' that AbbVie walked away from in 2016 after weak Phase 2 iNHL data, before…

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AbbVie paid Infinity $275M upfront plus up to $530M in development and regulatory milestones plus tiered royalties for global rights to duvelisib, a dual PI3K-delta/gamma inhibitor in late-stage development for hematologic cancers. AbbVie returned rights in 2016; duvelisib (Copiktra) eventually commercialized by Verastem.

Key facts

Related deals — scored

DealYearValueOutcome
AbbVie Inc. / Infinity Pharmaceuticals, Inc. (this deal)2014$805M
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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