About This Deal

AbbVie acquired Nimble Therapeutics, Inc. for $288 million ($210 million upfront), a transaction completed in January 2025, structured as cash upfront plus contingent consideration.

Nimble Therapeutics, Inc. operates in Immunology, is based in Madison, Wisconsin. Nimble is a biotech focused on oral peptide therapeutics; its lead asset is an investigational oral peptide IL23R inhibitor in preclinical development for psoriasis, alongside a peptide synthesis, screening and optimization platform. The FY2025 10-K states an aggregate purchase price of $288 million ($210 million upfront cash plus $78 million contingent consideration).

Strengthens AbbVie's immunology pipeline and adds oral-peptide R&D capabilities.

Deal Terms

Acquirer
AbbVie
Target
Nimble Therapeutics, Inc.
Value
$288 million ($210 million upfront)
Date
January 2025
Type
Full acquisition
Status
Ready

Transaction Details

Target HQ
Madison, Wisconsin
Segment
Immunology
Structure
Cash upfront plus contingent consideration
Announced
December 1, 2024
Closed
January 23, 2025

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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