partnering

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Reports are emerging that a multibillion-dollar partnership between AbbVie and Calico has come to an end after more than a decade.

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In its second pipeline-expanding deal in 24 hours, GSK has licensed rights to a drug for COPD from US biotech Empirico for $85m upfront.

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GSK has boosted its pipeline of antibody-drug conjugates for cancer, licensing a prostate cancer candidate from Syndivia.

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Takeda has partnered with China's Innovent for a pair of late-stage cancer therapies, in a deal that includes an upfront payment of $1.2bn.

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Novartis has signed its second multibillion-dollar licensing deal with molecular glue degrader specialist Monte Rosa in less than a year.

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Eli Lilly is offering AI-powered drug discovery models developed at a cost of around $1 billion to biotech companies for free.