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EvolveImmune Therapeutics Announces Achievement of Preclinical Milestone in Collaboration with AbbVie
EvolveImmune Therapeutics has achieved a preclinical milestone in its collaboration with AbbVie, nominating a development candidate against a solid tumor target. This achievement triggers an $18 million milestone payment to EvolveImmune and validates its proprietary EVOLVE T cell engager platform. The collaboration aims to develop multispecific biologics for oncology, leveraging an approach designed to amplify and sustain the tumor-killing capacity of T-cells.