Xilio Therapeutics Announces Multiple Masked T Cell Engager Programs
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Xilio Therapeutics has announced multiple masked T cell engager programs and a collaboration with AbbVie to develop novel tumor-activated immunotherapies. The agreement includes $52 million in upfront payments.
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, including masked T cell engagers.
AbbVie's collaboration with Xilio Therapeutics represents a strategic move to expand its portfolio in the immunotherapy space. This could be seen as a positive development, potentially enhancing AbbVie's growth prospects.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 70
POSITIVE IMPACT
Xilio Therapeutics has entered into a collaboration with AbbVie to develop novel tumor-activated immunotherapies, including masked T cell engagers, with $52 million in upfront payments.
The collaboration with AbbVie and the significant upfront payment of $52 million is a strong positive signal for Xilio Therapeutics. This partnership could enhance Xilio's capabilities in developing innovative therapies, potentially boosting investor confidence and stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100