Pharma BD Deal Intelligence
AbbVie's $805M duvelisib bet turned into a walk-away: shares jumped 44% to $15.74 on the announcement, but AbbVie returned rights in 2016 after weak Phase 2 iNHL data, leaving Verastem to commercialize Copiktra instead.
Outcome grade pending — assessed 5 years post-close.
Full analysis, sources & comparables →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…
AbbVie CSO Michael Severino called duvelisib 'a very promising investigational treatment based on clinical data showing activity in a broad range of blood…
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.
21K US cases/yr
CLL is the most common adult leukemia in the US, characterized by clonal proliferation of mature B-lymphocytes. Indolent non-Hodgkin lymphomas (including follicular lymphoma and small lymphocytic lymphoma) share an overlapping biology and treatment landscape. While many patients have indolent courses, relapsed/refractory disease remains difficult to treat and drives demand for novel targeted agents.
Duvelisib (IPI-145) entered AbbVie's portfolio in September 2014 amid rapid evolution of the B-cell malignancy treatment paradigm. The dominant disruptor was Imbruvica (ibrutinib), the BTK inhibitor jointly commercialized by Pharmacyclics/Janssen, which gained FDA approval for CLL in February 2014 and went on to define the front-line standard. Gilead's Zydelig (idelalisib), a PI3K-delta inhibitor, was approved July 2014 for relapsed CLL/follicular lymphoma but later restricted due to fatal infections and hepatotoxicity. The emergence of venetoclax (Venclexta, AbbVie/Genentech) as a BCL-2 inhibitor and the subsequent acalabrutinib (Calquence, AstraZeneca, approved 2019) further compressed the opportunity for late-entry oral agents. Duvelisib's dual PI3K-delta/gamma profile was differentiated theoretically, but AbbVie returned rights in 2016 after Phase 2 iNHL data underwhelmed. Verastem licensed the asset for ~$28M total milestones, secured FDA approval as Copiktra in September 2018, and ultimately sold rights to Secura Bio in 2020 for $70M plus milestones. The FL indication was withdrawn in April 2022.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| AbbVie Inc. / Infinity Pharmaceuticals, Inc. (this deal) | 2014 | $805M | — |
| AbbVie Inc. / Boehringer Ingelheim GmbH | 2016 | $2.2B | 95 |
| AbbVie Inc. / Genmab A/S | 2020 | $3.9B | 81 |
| AbbVie Inc. / Pharmacyclics Inc. | 2015 | $21.0B | 79 |
| AbbVie Inc. / Apogee Therapeutics, Inc. | 2026 | $10.9B | 72 |
| AbbVie Inc. / ImmunoGen Inc. | 2023 | $10.1B | 69 |
| AbbVie Inc. / Gilgamesh Pharmaceuticals Inc. | 2024 | $2.0B | 64 |
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More: 2014 deals · AbbVie Inc. deals · Hematology deals