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
AnnouncedSep 04, 2014
ClosedSep 04, 2014
Deal value$805M
Deal typeCo-Development
Therapeutic areaHematologic malignancies including CLL, iNHL, peripheral T-cell lymphoma
IndicationsHematologic malignancies including CLL, iNHL, peripheral T-cell lymphoma