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Amgen, Xencor partner to create XmAb-generated compounds for cancer and inflammation

Executive Summary

Concurrent with announcing its acquisition of Dezima Pharma BV for $300mm in cash up front plus up to $1.25bn in earn-outs, Amgen Inc. is teaming up with Xencor Inc. to develop and commercialize six therapeutics aimed at immuno-oncology and inflammation by applying Xencor's XmAb bispecific technology platform to molecules aimed at human protein targets chosen by Amgen.

Deal Industry
  • Pharmaceuticals
  • Biotechnology
    • Immuno-Oncology
    • Large Molecule
      • Antibodies
Deal Status
  • Final
Deal Type
  • Alliance
    • Includes Royalty or Profit Split Information
    • Intra-Biotech Deal
    • R&D and Marketing (Licensing)

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