Life Sciences

Boehringer Ingelheim acquires Abexxa Biologics

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Boehringer Ingelheim has acquired Abexxa Biologics Inc., a biopharmaceutical company specializing in immuno-oncology and oncology research, giving it access to Abexxa’s expertise in targeting cancer-specific proteins that are located inside the cell, rather than those expressed on the cell membrane, thus enlarging the pool of potential cancer antigen targets and potentially leading to the development of cancer immunotherapies that are effective in a broader range of patients and cancer types.

“The acquisition of Abexxa bolsters our commitment to tumour-antigen discovery and new ways of targeting intracellular antigens,” said Clive R. Wood, Ph.D., corporate senior vice president and global head of discovery research at Boehringer Ingelheim “Their cutting-edge know-how and technologies for antigen discovery and novel antibody generation strongly complement the current approaches we have been applying successfully to enable immune-targeting of cancer cells. By expanding our portfolio of antibodies binding novel intracellular tumour antigens, we are striving to develop unique and broadly applicable new immunotherapeutic approaches for cancer patients.”

Abexxa’s innovative platform unlocks the ability to target intracellular antigens of cancer cells by recognizing their presentation on the cell surface by MHC class 1 molecules. While the Abexxa platform addresses the more common HLA-A2 peptide presentation, the company has developed specific expertise in the nonclassical MHC class 1 molecule HLA-E, which has the potential to impact a broader set of cancer patients’ antigens. More specifically, Abexxa has developed a first-in-class T-cell receptor (TCR)-like antibody that can be used to disrupt the NKG2A:HLA-E immune checkpoint axis in oncology. Abexxa molecules are also being formulated to recruit immune cells targeting HLA-E peptide complexes on tumours.

The transaction is the latest in a series of strategic acquisitions and collaborations designed to reinforce Boehringer Ingelheim’s overall oncology strategy, bringing together cancer immunology and cancer cell directed therapies to fight cancer. The company says the strategy has further strengthened its position in oncology through the development of leading assets and robust capabilities in cancer vaccines, oncolytic viruses, T-cell engagers, antibody drug conjugates (ADCs) and myeloid and stromal cell modulators.

The total transaction includes an upfront payment, milestones and other consideration payments. Abexxa will continue to operate in the Arlington, Texas, area as a Boehringer Ingelheim company, collaborating extensively with scientists at Boehringer Ingelheim’s US research site in Ridgefield, Connecticut.