Pharma BD Deal Intelligence

Pfizer Inc. / Adaptive Biotechnologies Corp.

2025 · Licensing/Option · $890M · Complete

Outcome grade pending — assessed 5 years post-close.

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The coverage arc

Dec 15, 2025 BioSpace Bullish

Adaptive Biotechnologies Announces Two Immune Receptor Licensing Agreements with Pfizer. Adaptive has identified autoreactive or offender TCRs that could…

Dec 22, 2025 BioSpace Bullish

Pfizer Searches for Novel Tumor-Selective Antigens With $865M+ Cartography Pact. The article frames the Cartography pact as the second major Pfizer external…

May 05, 2026 Adaptive Biotechnologies Q1 2026 earnings call (reported 2026-05-05) Bullish

Management: 'This quarter we kicked off our RA Target Discovery partnership with Pfizer.' Adaptive received over 1,000 Pfizer patient samples and is on track…

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

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Pfizer and Adaptive entered two non-exclusive immune receptor licensing agreements. Adaptive will lead target discovery to identify disease-specific RA TCRs; Pfizer responsible for development/commercialization. Total deal up to ~$890M in upfront, data delivery, development, commercial and sales milestones.

Key facts

Related deals — scored

DealYearValueOutcome
Pfizer Inc. / Adaptive Biotechnologies Corp. (this deal)2025$890M
Pfizer Inc. / BioNTech SE2020$748M100
Pfizer Inc. / FoldRx Pharmaceuticals201099
Pfizer Inc. / Medivation Inc.2016$14.0B86
Pfizer Inc. / Wyeth2009$68.0B86
Pfizer Inc. / Warner-Lambert Company2000$90.0B83
Pfizer Inc. / Arvinas, Inc.2021$2.4B77

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