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Biotechnology: Biological Products (No Diagnostic Substances)
DealsJun 29, 2026, 07:16 AM

REGENXBIO gets $100M milestone from AbbVie for sura-vec trial

AI Summary

REGENXBIO Inc. announced it has earned a $100 million milestone payment from AbbVie Global Enterprises Ltd. This payment was triggered by the dosing of the first patient in the Phase IIb/III NAAVIGATE clinical trial of investigational surabgene lomparvovec (sura-vec) for diabetic retinopathy. The payment is expected to be received in July 2026, marking a significant advancement in their collaboration.

Key Highlights

  • REGENXBIO earned a $100 million milestone payment from AbbVie.
  • Payment triggered by dosing of first patient in Phase IIb/III NAAVIGATE trial.
  • Trial is for investigational surabgene lomparvovec (sura-vec) in diabetic retinopathy.
  • Milestone payment is expected to be received in July 2026.
  • New long-term data from diabetic retinopathy and wet AMD programs to be presented at ASRS 2026.
  • Topline data from ATMOSPHERE and ASCENT pivotal trials expected in Q4 2026.