Pharma BD Deal Intelligence

Novo Nordisk A/S / Ablexis, LLC

2026 · Licensing/Option · Complete

Ablexis granted Novo Nordisk a non-exclusive license to its proprietary AlivaMab Mouse human antibody drug discovery platforms, giving Novo the right to possess and use AlivaMab Mouse strains to generate human VH/VL antibodies and to discover, develop and commercialise biologics comprising AlivaMab antibodies. The license adds in-house capacity at the earliest stage of antibody discovery rather than conveying a specific asset. Neither party disclosed financial terms.

This deal is too recent to grade. Critic Score and Outcome Score are assigned after the announcement-week coverage settles and, for Outcome, after the 5-year post-close assessment window opens — expected 2031 at the earliest for this deal, once/if it closes.

Key facts

Related deals

See the full interactive analysis, sources & comparables →