AbbVie and Xilio Therapeutics Announce Collaboration and Option Agreement to Develop Novel Tumor-Activated Immunotherapies
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AbbVie and Xilio Therapeutics have entered into a collaboration and option-to-license agreement to develop novel tumor-activated immunotherapies using Xilio's proprietary technology.
February 12, 2025 | 12:45 pm
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POSITIVE IMPACT
AbbVie has entered into a collaboration with Xilio Therapeutics to develop novel tumor-activated immunotherapies, potentially enhancing its oncology portfolio.
The collaboration with Xilio Therapeutics could enhance AbbVie's oncology portfolio, potentially leading to new product developments and revenue streams.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Xilio Therapeutics collaborates with AbbVie to develop novel tumor-activated immunotherapies, which could validate and expand its proprietary technology.
The partnership with AbbVie provides Xilio Therapeutics with a significant opportunity to validate and expand its proprietary technology, potentially increasing its market value.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90