Principia, AbbVie walk away from 2017 partnership for inflammatory, autoimmune drugs
San Francisco-based Principia and partner AbbVie have elected to part ways on a collaboration they signed about two years ago, which handed the newly public biotech $15 million upfront.
The drug developer, run by a troop of executives drawn from Roche, joined forces with AbbVie in June 2017 to develop oral immunoproteasome inhibitors for inflammatory and autoimmune disorders. Immunoproteasome is a family of proteasome — the cell’s protein recyclers — found abundantly in immune cells, which play a role in immune responses, affecting antigen presentation, T cell function and cytokine production.
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