Pharma BD Deal Intelligence
A slow-burn platform extension: Sanofi-Aventis committed $18.2 million to keep funding ImmunoGen's TAP antibody-drug conjugate research, part of a collaboration that eventually included SAR408701 — terminated in December 2022 after Phase 3 NSCLC futility.
Outcome grade pending — assessed 5 years post-close.
Full analysis, sources & comparables →Aventis Pharmaceuticals committed to fund ImmunoGen $18.2 million in research support over the twelve months beginning September 1, 2006, in addition to…
Sanofi-aventis licensed expanded access to ImmunoGen's TAP technology, broadening the existing collaboration first established in 2003.
Sanofi terminated tusamitamab ravtansine (SAR408701) in December 2022 after Phase 3 NSCLC futility, scrapping a top ADC prospect after the study setback.
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Sanofi-Aventis extends antibody-drug conjugate (ADC/TAP) research collaboration with ImmunoGen; extension begins Sept 2006 with additional committed funding. Strategically notable ADC platform deal.
Antibody-drug conjugates (ADCs) are targeted therapies linking a tumor-selective monoclonal antibody to a potent cytotoxic payload, designed to deliver chemotherapy directly to cancer cells while sparing normal tissue. ImmunoGen's TAP (Tumor-Activated Prodrug, later renamed Targeted Antibody Payload) technology used DM1 and DM4 maytansinoid payloads conjugated to tumor-targeting antibodies — the same chemistry that later enabled Roche's Kadcyla (T-DM1) for HER2+ breast cancer.
In 2005, only one ADC was on the market — Wyeth's Mylotarg (gemtuzumab ozogamicin, AML, approved 2000 then withdrawn 2010 and reapproved 2017). The competitive ADC field was nascent: Seattle Genetics (now Seagen) was developing brentuximab vedotin (later Adcetris) and ImmunoGen and Wyeth/Pfizer dominated linker-payload IP. Genentech, Centocor, Biogen Idec, sanofi-aventis, Millennium, Boehringer Ingelheim, and Abgenix had all licensed TAP technology to specific targets by 2005. Mitchel Sayare, ImmunoGen Chairman & CEO, said: 'We are delighted that the sanofi-aventis Group has elected to extend this research collaboration. The extension enables the two companies to work together for a fourth year to develop new compounds that can potentially generate revenue for ImmunoGen'. Forward-looking close: The Sanofi–ImmunoGen ADC programs ultimately produced isatuximab (Sarclisa, approved 2020 for multiple myeloma — though as a naked antibody, not a TAP) and tusamitamab ravtansine (SAR408701, anti-CEACAM5 ADC), which Sanofi terminated in December 2022 after Phase 3 NSCLC futility, while ImmunoGen itself was ultimately acquired by AbbVie in February 2024 for $10.1B on the strength of Elahere (mirvetuximab soravtansine), validating the maytansinoid platform 19 years after the Sanofi extension.
| Deal | Year | Value | Outcome |
|---|---|---|---|
| Sanofi-Aventis / ImmunoGen Inc. (this deal) | 2005 | $18M | — |
| Sanofi-Aventis / Symbion Consumer (Primary Health Care) | 2008 | $544M | 71 |
| Sanofi-Aventis / Merial Limited (Merck's 50% interest) | 2009 | $4.0B | 65 |
| Sanofi-Aventis / Acambis plc | 2008 | $548M | 36 |
| Sanofi-Aventis / Shantha Biotechnics Limited | 2009 | $784M | 34 |
| Sanofi-Aventis / Fovea Pharmaceuticals SA | 2009 | $541M | 23 |
| Sanofi-Aventis / BiPar Sciences, Inc. | 2009 | $500M | 8 |
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