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BioWorld - Wednesday, December 17, 2025
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Home » Probody building: Cytomx adds flex with Abbvie deal, gains up to $500M in CD71
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Probody building: Cytomx adds flex with Abbvie deal, gains up to $500M in CD71

April 25, 2016
By Randy Osborne
CEO Sean McCarthy told BioWorld Today that Cytomx Therapeutics Inc.'s deals will be "increasingly strategic," structured for purposes of "not just bringing cash in the door," and the latest – the firm's third pharma pact – with Abbvie Inc. typifies what he's talking about: "a foundational, pipeline-building" arrangement.
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