{"id":800035,"date":"2025-01-13T09:03:07","date_gmt":"2025-01-13T14:03:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/abcellera-expands-collaboration-with-abbvie-to-develop-novel-t-cell-engagers-for-oncology\/"},"modified":"2025-01-13T09:03:07","modified_gmt":"2025-01-13T14:03:07","slug":"abcellera-expands-collaboration-with-abbvie-to-develop-novel-t-cell-engagers-for-oncology","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/abcellera-expands-collaboration-with-abbvie-to-develop-novel-t-cell-engagers-for-oncology\/","title":{"rendered":"AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology"},"content":{"rendered":"

<\/p>\n

AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology<\/b><\/p>\n

VANCOUVER, British Columbia–(BUSINESS WIRE<\/a>)–AbCellera<\/a> (Nasdaq: ABCL) announced today that it has expanded its existing collaboration with AbbVie Inc. (NYSE: ABBV) to include the discovery of T-cell engagers (TCE) in oncology. The expansion builds upon the successful partnership established in December 2022<\/a> and includes access to AbCellera\u2019s TCE platform to develop therapeutic antibodies for tumor targets.<\/p>\n

\n\u201cWe are pleased to broaden our AbbVie collaboration and look forward to using AbCellera\u2019s TCE platform to bring novel cancer immunotherapies to patients in need,\u201d said Carl Hansen, Ph.D., founder and CEO of AbCellera.<\/p>\n

\nUnder the terms of the agreement, AbCellera will lead discovery activities and AbbVie has the right to develop and commercialize therapeutic antibodies resulting from the collaboration. AbCellera will receive upfront and research payments and is eligible to receive downstream milestone payments as well as tiered royalty payments on net sales.<\/p>\n

About AbCellera\u2019s T-Cell Engager Platform<\/b><\/p>\n

\nCD3 T-cell engagers have the potential to be a cornerstone of cancer treatment. They guide the immune system to find and eliminate cancer cells by binding tumor targets and the CD3 protein on cancer-killing T cells at the same time. However, the development of T-cell engagers has been limited due to challenges with efficacy and safety. To address these challenges, AbCellera developed a T-cell engager platform that includes novel CD3-binding antibodies to expand the therapeutic window for this modality and costimulatory building blocks to enhance efficacy for difficult-to-treat cancers.<\/p>\n

About AbCellera Biologics Inc.<\/b><\/p>\n

AbCellera<\/a> (Nasdaq: ABCL) discovers and develops antibody medicines for indications across therapeutic areas, including cancer, metabolic and endocrine conditions, and autoimmune disorders. AbCellera\u2019s engine integrates technology, data science, infrastructure, and interdisciplinary teams to solve the most challenging antibody discovery problems. AbCellera is focused on advancing an internal pipeline of first-in-class and best-in-class programs and collaborating on innovative drug development programs with partners. For more information, please visit www.abcellera.com<\/a>.<\/p>\n

AbCellera Forward-Looking Statements<\/b><\/p>\n

\nThis press release contains forward-looking statements, including statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements are based on management\u2019s current beliefs and assumptions and on information currently available to management. All statements contained in this release other than statements of historical fact are forward-looking statements, including statements regarding our ability to develop, commercialize, and achieve market acceptance of our current and planned products and services, our research and development efforts, and other matters regarding our business strategies, use of capital, results of operations and financial position, and plans and objectives for future operations.<\/p>\n

\nIn some cases, you can identify forward-looking statements by the words \u201cmay,\u201d \u201cwill,\u201d \u201ccould,\u201d \u201cwould,\u201d \u201cshould,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cplan,\u201d \u201canticipate,\u201d \u201cbelieve,\u201d \u201cestimate,\u201d \u201cpredict,\u201d \u201cproject,\u201d \u201cpotential,\u201d \u201ccontinue,\u201d \u201congoing\u201d or the negative of these terms or other comparable terminology, although not all forward-looking statements contain these words. These statements involve risks, uncertainties, and other factors that may cause actual results, levels of activity, performance, or achievements to be materially different from the information expressed or implied by these forward-looking statements. These risks, uncertainties, and other factors are described under \u201cRisk Factors,\u201d \u201cManagement’s Discussion and Analysis of Financial Condition and Results of Operations,\u201d and elsewhere in the documents we file with the Securities and Exchange Commission from time to time. We caution you that forward-looking statements are based on a combination of facts and factors currently known by us and our projections of the future, about which we cannot be certain. As a result, the forward-looking statements may not prove to be accurate. The forward-looking statements in this press release represent our views as of the date hereof. We undertake no obligation to update any forward-looking statements for any reason, except as required by law.<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20250113347375\/en\/<\/a><\/span><\/p>\n

Inquiries
\n
<\/b>
Media: Tiffany Chiu; media@abcellera.com<\/a>, +1(236)521-6774
\n
Partnering: Murray McCutcheon, Ph.D.; partnering@abcellera.com<\/a>, +1(604)559-9005
\n
Investor Relations: Peter Ahn; ir@abcellera.com<\/a>, +1(778)729-9116<\/p>\n

KEYWORDS:<\/b> North America Canada<\/p>\n

INDUSTRY KEYWORDS:<\/b> Pharmaceutical Health Oncology<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
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AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology VANCOUVER, British Columbia–(BUSINESS WIRE)–AbCellera (Nasdaq: ABCL) announced today that it has expanded its existing collaboration with AbbVie Inc. (NYSE: ABBV) to include the discovery of T-cell engagers (TCE) in oncology. The expansion builds upon the successful partnership established in December 2022 and includes access to AbCellera\u2019s TCE platform to develop therapeutic antibodies for tumor targets. \u201cWe are pleased to broaden our AbbVie collaboration and look forward to using AbCellera\u2019s TCE platform to bring novel cancer immunotherapies to patients in need,\u201d said Carl Hansen, Ph.D., founder and CEO of AbCellera. Under the terms of the agreement, AbCellera will lead discovery activities and AbbVie has the right to develop and … <\/p>\n

Continue reading “AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-800035","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/abcellera-expands-collaboration-with-abbvie-to-develop-novel-t-cell-engagers-for-oncology\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"AbCellera Expands Collaboration with AbbVie to Develop Novel T-Cell Engagers for Oncology VANCOUVER, British Columbia–(BUSINESS WIRE)–AbCellera (Nasdaq: ABCL) announced today that it has expanded its existing collaboration with AbbVie Inc. (NYSE: ABBV) to include the discovery of T-cell engagers (TCE) in oncology. The expansion builds upon the successful partnership established in December 2022 and includes access to AbCellera\u2019s TCE platform to develop therapeutic antibodies for tumor targets. \u201cWe are pleased to broaden our AbbVie collaboration and look forward to using AbCellera\u2019s TCE platform to bring novel cancer immunotherapies to patients in need,\u201d said Carl Hansen, Ph.D., founder and CEO of AbCellera. 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