AbbVie could add a new modality to its flagship immunology portfolio, thanks to a deal with Parvus Therapeutics announced Wednesday.
The pharma gained an exclusive, worldwide option to develop and commercialise inflammatory bowel disease (IBD) therapies developed with Parvus’ Treg immune tolerization platform technology.
The biotech’s therapeutics, dubbed Navacims, present multivalent peptide-MHCs to T-cells, which triggers their expansion and differentiation into antigen-specific Tregs to induce organ-specific immune tolerance without compromising normal immunity to infections and cancer.
The deal’s terms were not disclosed. In addition to an upfront payment, Parvus is eligible for a potential equity investment, as well as milestones and royalties.
Parvus also has an ongoing partnership with Roche’s Genentech unit to develop Navacim therapeutics for autoimmune diseases, which could pay out more than $800 million.