AbbVie (NYSE: ABBV) today announced that it has entered into a research and development collaboration designed to advance a number of Morphic Therapeutic's oral integrin therapeutics for fibrosis-related indications.
Morphic has developed a unique platform for designing integrin oral inhibitors to block TGF-β activation, thought to be a key approach to halt or reverse fibrosis, in a tissue-specific manner. The platform was developed through foundational collaborations with Morphic scientific founder Tim Springer and Schrödinge.
Deal involves $100 million upfront payment
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