Pharma BD Deal Intelligence

Boehringer Ingelheim International GmbH / Abexxa Biologics Inc.

2021 · Acquisition/Merger · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Dec 12, 2017 UT Southwestern Medical Center Neutral

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Jan 25, 2022 FDA Neutral

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Sep 15, 2024 Fortune Business Insights Neutral

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Boehringer Ingelheim acquired Texas-based (Arlington) Abexxa Biologics, gaining its TCR-like (TCR-mimetic) antibody platform that targets intracellular cancer-specific proteins presented as peptide-HLA complexes on the tumor surface, including the non-classical MHC class I molecule HLA-E. The lead program disrupts the NKG2A:HLA-E immune checkpoint axis. The transaction extended a relationship begun in 2016, when Boehringer Ingelheim Venture Fund provided Abexxa's seed financing. Financial terms were not disclosed; Boehringer stated the deal comprises an upfront payment, milestones and other consideration payments. The lead candidate (ABX002, an HLA-E modulator / NKG2A antagonist) remains preclinical as of mid-2026, with no registered clinical trials.

Key facts

Related deals — scored

DealYearValueOutcome
Boehringer Ingelheim International GmbH / Abexxa Biologics Inc. (this deal)2021
Boehringer Ingelheim International GmbH / Sanofi SA (Merial Animal Health)2015$12.4B81
Boehringer Ingelheim International GmbH / T3 Pharmaceuticals AG2023$508M
Boehringer Ingelheim International GmbH / Cue Biopharma, Inc.2025$357M
Boehringer Ingelheim International GmbH / Synaffix B.V.2025$1.3B
Boehringer Ingelheim International GmbH / Immunitas Therapeutics, Inc.2026
Boehringer Ingelheim International GmbH / Immunai Inc.2026$15M

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