AbbVie Pays Big For Priority Review Voucher; Is Venetoclax The Target?

With partner Genentech, AbbVie is planning to file the BCL-2 inhibitor for US and EU approval in tough-to-treat CLL later this year on the back of promising Phase II data.

Scarcity has driven up the value of priority review vouchers with AbbVie Inc. agreeing to buy one from United Therapeutics Corp. for a record-setting $350m, meaning the company is paying $87.5m more for each of the four months the voucher will knock off a standard review – which itself is a significant increase over the $67.5m Sanofi paid for the voucher it just redeemed.

Announced Aug. 19 by United Therapeutics, which obtained the rare pediatric disease priority review voucher in March with the approval...

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