Abogen Biosciences signs licensing, option deal with Novartis for ABO2203 mRNA T-cell engager

By Public Technologies
  • Suzhou Abogen Biosciences entered a licensing, option agreement with Novartis to advance RNA-encoded therapeutics.
  • Deal grants Novartis an exclusive worldwide license to ABO2203, an mRNA-encoded CD19xCD3 T-cell engager.
  • Novartis also secured exclusive options to license additional programs using Abogen’s proprietary RNA platform.
  • Abogen will receive USD 575 million upfront.
  • Abogen could earn up to about USD 7.2 billion in milestones if all options are exercised, with potential royalties on sales.


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