Pharma BD Deal Intelligence

AbbVie Inc. / Mitokinin, Inc.

2023 · Acquisition/Merger · $655M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Oct 09, 2023 AbbVie Newsroom Bullish

AbbVie today announced the acquisition of Mitokinin, a privately held biotechnology company focused on the discovery and development of selective…

Oct 10, 2023 BioPharma Dive Neutral

AbbVie has bought Mitokinin, a closely held biotech developing experimental treatments for Parkinson's disease that target a gene called PINK1. Mitokinin…

Oct 10, 2023 GEN (Genetic Engineering & Biotechnology News) Bullish

AbbVie has agreed to acquire Mitokinin, a privately held biotech developing PINK1 mitochondrial kinase activators for Parkinson's disease, in a transaction…

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AbbVie acquired Mitokinin, gaining its PINK1 mitochondrial kinase activator program for Parkinson's disease. Mitokinin shareholders received $110M upfront with up to $545M in additional milestone payments contingent on PINK1 program development.

Key facts

Related deals — scored

DealYearValueOutcome
AbbVie Inc. / Mitokinin, Inc. (this deal)2023$655M
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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