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Benzinga

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Vandana Singh

Takeda Taps Nabla Bio's Generative AI Platform For Antibody Design In $1 Billion Pact

TAK Takeda Jam biotechnology

Takeda Pharma-Photo by Veroniksha via Shutterstock

Nabla Bio, a biotechnology company focused on de novo therapeutics design using generative AI, announced a new, multi-year research collaboration on Tuesday with Takeda Pharmaceutical Co., Ltd. (NYSE:TAK).

Under the terms of the agreement, Nabla Bio will receive double-digit millions in upfront and research cost payments and is eligible to receive success-based payments that may exceed $1 billion.

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