AbbVie partners to develop in-situ CAR-T cell therapies
Client(s) AbbVie Inc.
Jones Day advised AbbVie Inc. on IP due diligence in connection with its strategic collaboration and option agreements with Umoja Biopharma, a transaction valued at up to $1.44 billion. The transaction involved AbbVie obtaining rights to Umoja's proprietary gene delivery platform for in-situ CAR-T cell therapies, including exclusive options to license clinical-stage and discovery-phase candidates.