Pharma BD Deal Intelligence

Pfizer Inc. / Adaptive Biotechnologies Corp.

2025 · Licensing/Option · $890M · Complete

Announcement Sentiment
95
Strongly positive

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

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