AbbVie Stakes $335M on a Startup’s RNAi Drugs
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7 Articles
AbbVie and ADARx Pharmaceuticals Announce Collaboration
NORTH CHICAGO, Ill. and SAN DIEGO, May 14, 2025 /PRNewswire/ — AbbVie and ADARx Pharmaceuticals, a late clinical-stage biotechnology company developing next-generation RNA therapeutics, today announced a collaboration and license option agreement to develop small interfering RNA (siRNA) therapeutics across multiple disease areas, including neuroscience, immunology and oncology. siRNA represents a class of molecules capable of regulating gene exp…
AbbVie and ADARx to develop siRNA therapeutics
Under the agreement terms, AbbVie will pay ADARx an upfront of $335m, and the latter is also said to be qualified for additional payments. These include option-related fees, The post AbbVie and ADARx to develop siRNA therapeutics for multiple disease areas appeared first on Pharmaceutical Business review.
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