AbbVie sues over stolen 'shortcut'

Posted 28 March 2025 PM

AbbVie has started legal proceedings against a start-up it claims took a shortcut past the hard work necessary for success by stealing the pharma's trade secrets and confidential information.

In a lawsuit filed last week in the the United States District Court, AbbVie accused ProfoundBio and two ex-employees, Dr Tae Han and Dr Julia Gavrilyuk, of stealing its solution to creating antibody-drug conjugates, for which it has filed patents and which attracted a buyout offer for $2.9 billion (US$1.8 billion) from Danish pharma Genmab last May.

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