Nanobody Specialist Ablynx Bags Global IL-6R Deal With AbbVie
This article was originally published in The Pink Sheet Daily
Ablynx stands to get $840 million and double-digit royalties under a global license deal with AbbVie to develop and commercialize the Belgian group’s anti-IL-6R candidate ALX-0061 to treat inflammatory diseases. The transaction brings a big boost to the biotech’s prospects.
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