AbbVie collaborates to advance novel bispecific antibody for advanced solid tumors
Client(s) AbbVie Inc.
Jones Day advised AbbVie Inc. on an exclusive licensing transaction with RemeGen Co., Ltd. ("RemeGen") relating to a PD-1/VEGF-targeted bispecific antibody, under which RemeGen may receive up to $4.95 billion in milestone payments, plus tiered royalties outside Greater China.