Merck & Co doubles up on Ablynx research deal

Cut-down antibody drug developer Ablynx has agreed a second R&D partnership with US Pharma firm Merck & Co. Ablynx will receive €20 million (£17 million) up front, plus up to €10.7 million in research funding over three years. On top of that, milestone payments for any products that emerge from the collaboration could net the Belgian biotech up to €1.7 billion plus royalties.

This collaboration will focus on nanobodies (antibody fragments) directed against cancer, and builds on Merck’s previous collaboration with Ablynx for nanobodies that target voltage-gated ion channels. Ablynx also recently joined forces with Abbvie to develop nanobodies for treating rheumatoid arthritis and systemic lupus erythematosus.

Related Content

Grabbing slices of the immuno-oncology pie

5 August 2015 Business

news image

Another spate of immuno-oncology dealmaking adds to fervour in pharma’s ‘hottest space’

Merck & Co $460m ion channel deal

2 October 2012 Business

news image

Deal with Ablynx relates to antibody fragments

Most Commented

Antimony recovery lights up lamp waste recycling

2 October 2015 Research

news image

Green method produces fertiliser as a byproduct

Environmentally-friendly quantum dots make their mark

5 October 2015 Research

news image

Indium phosphide nanoparticles offer non-toxic alternative to cadium for richer, more colourful display screens