Pharma BD Deal Intelligence

AbbVie Inc. / Synlogic

2016 · Licensing/Option · $18M · Terminated

WRONG BY 27 POINTS
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AbbVie and Synlogic entered a multi-year global R&D collaboration in February 2016 focused on developing novel synthetic biotic medicines for inflammatory bowel disease (IBD). Synlogic's proprietary 'synthetic biotic' platform engineers gut microbes to deliver therapeutic effects. AbbVie paid $2.0 million upfront and committed up to $16.5 million in research milestones ($18.5M total disclosed value). Collaboration was terminated by mutual agreement May 21, 2020.

Key facts

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AbbVie Inc. / Synlogic (this deal)2016$18M48
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