Pharma BD Deal Intelligence

AstraZeneca PLC / Harbour BioMed (Nottingham) Ltd.

2025 · Licensing/Option · $4.6B · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Mar 21, 2025 AstraZeneca Press Release Bullish

AstraZeneca today announced an expanded global strategic collaboration with Harbour BioMed to accelerate the discovery and development of next-generation…

Mar 21, 2025 Fierce Biotech Bullish

AstraZeneca details $2.5B investment in China's political center, funding R&D center, biotech pacts. The article references the simultaneous Harbour BioMed…

Mar 15, 2026 BioSpace Bullish

Harbour BioMed Reports Full Year 2025 Financial Results: Sustained Global Collaboration Underpins Long-Term Growth. The release frames the AstraZeneca…

Source summaries from our enrichment pipeline; follow links for originals.

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AstraZeneca and Harbour BioMed entered a global strategic collaboration (announced March 21, 2025) with $175M in upfront/near-term payments and option fees plus up to $4.4B in development and commercial milestones, tiered royalties, and a $105M equity investment by AstraZeneca for 9.15% of newly issued Harbour BioMed shares. AstraZeneca holds an option to license preclinical programs generated on Harbour's Harbour Mice platform and nominates further targets for next-generation multi-specific antibody discovery. Harbour BioMed's H1 2025 interim results confirm AstraZeneca completed the 9.15% equity investment and the collaboration is in force. On November 23, 2025 the companies advanced the collaboration into next-generation oncology biotherapeutics, including antibody-drug conjugates (ADCs) and T cell engagers, with AstraZeneca to nominate discovery programs annually over four years; the expansion's economics are consistent with the original March 2025 framework (no new dollar figures disclosed).

Key facts

Related deals — scored

DealYearValueOutcome
AstraZeneca PLC / Harbour BioMed (Nottingham) Ltd. (this deal)2025$4.6B
AstraZeneca PLC / Daiichi Sankyo Company, Limited2019$6.9B100
AstraZeneca PLC / KuDOS Pharmaceuticals Limited2005$210M98
AstraZeneca PLC / Alexion Pharmaceuticals Inc.2020$39.0B86
AstraZeneca PLC / Acerta Pharma2015$4.0B86
AstraZeneca PLC / Amgen Inc.2020$2.3B84
AstraZeneca PLC / MedImmune Inc.2007$15.6B82

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