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                          Details : As part of the partnership, RG0401, a cell & gene therapy targeting HLA, aims to address Rheumatoid Arthritis.

                          Product Name : RG0401

                          Product Type : Cell & Gene Therapy

                          Upfront Cash : Undisclosed

                          October 07, 2025

                          Lead Product(s) : RG0401

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : RheumaGen

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                          OTS 2025
                          Not Confirmed

                          Details : LBL-047 is a bispecific fusion protein composed of a humanized anti-blood dendritic cell antigen 2 (BDCA2) antibody and an engineered transmembrane activator and CAML interactor.

                          Product Name : LBL-047

                          Product Type : Protein

                          Upfront Cash : Inapplicable

                          September 22, 2025

                          Lead Product(s) : LBL-047

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Undisclosed

                          Deal Size : Inapplicable

                          Deal Type : Inapplicable

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                          03

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : BIIB142 is a degrader of IRAK4 that Biogen intends to explore for therapeutic use in patients with autoimmune diseases.

                          Product Name : Undisclosed

                          Product Type : Miscellaneous

                          Upfront Cash : Undisclosed

                          September 04, 2025

                          Lead Product(s) : BIIB142

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Biogen

                          Deal Size : $415.0 million

                          Deal Type : Collaboration

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                          04

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : QT-019B is an off-the-shelf allogeneic CAR-T cell therapy targeting CD19 and BCMA for the treatment of for refractory systemic lupus erythematosus.

                          Product Name : QT-019B

                          Product Type : Cell & Gene Therapy

                          Upfront Cash : Inapplicable

                          August 18, 2025

                          Lead Product(s) : QT-019B

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Undisclosed

                          Deal Size : Inapplicable

                          Deal Type : Inapplicable

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                          05

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : Equillium intends to use the proceeds to fund the further development of EQ504, an investigational potent and selective aryl hydrocarbon receptor (AhR) modulator.

                          Product Name : EQ504

                          Product Type : Miscellaneous

                          Upfront Cash : Undisclosed

                          August 11, 2025

                          Lead Product(s) : EQ504

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : ADAR1 Capital Management

                          Deal Size : $50.0 million

                          Deal Type : Financing

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                          06

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : Under the terms of the agreement, Otsuka is granted an exclusive license to develop, manufacture, and commercialize HBM7020, a BCMAxCD3 bispecific T-cell engager globally, excluding Greater China.

                          Product Name : Undisclosed

                          Product Type : Undisclosed

                          Upfront Cash : $47.0 million

                          June 22, 2025

                          Lead Product(s) : HBM7020

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Otsuka Pharmaceutical

                          Deal Size : $670.0 million

                          Deal Type : Licensing Agreement

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                          07

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : Under the licensing agreement, Cullinan will holds the exclusive rights to develop and commercialize GR-1803 (velinotamig) in all disease areas globally outside of Greater China.

                          Product Name : Undisclosed

                          Product Type : Undisclosed

                          Upfront Cash : $20.0 million

                          June 05, 2025

                          Lead Product(s) : Velinotamig

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Cullinan Therapeutics

                          Deal Size : $712.0 million

                          Deal Type : Licensing Agreement

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                          08

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : NTB003 is a second-generation fully human anti-IGF-1R monoclonal antibody, being investigated for thyroid eye disease.

                          Product Name : Undisclosed

                          Product Type : Undisclosed

                          Upfront Cash : Inapplicable

                          June 04, 2025

                          Lead Product(s) : NTB003

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Chia Tai Tianqing Pharmaceutical Group

                          Deal Size : Inapplicable

                          Deal Type : Inapplicable

                          blank

                          09

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : CLN-978 is a novel, differentiated and highly potent CD19xCD3 bispecific T cell engager. It is being evaluated for the treatment of Sjogren's Syndrome.

                          Product Name : Undisclosed

                          Product Type : Antibody, Unconjugated

                          Upfront Cash : Inapplicable

                          April 29, 2025

                          Lead Product(s) : CLN-978

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Undisclosed

                          Deal Size : Inapplicable

                          Deal Type : Inapplicable

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                          10

                          OTS 2025
                          Not Confirmed
                          OTS 2025
                          Not Confirmed

                          Details : ATI-052 is an investigational, potential best-in-class anti-TSLP/IL-4R bispecific monoclonal antibody being developed to treat certain immuno-inflammatory diseases.

                          Product Name : Undisclosed

                          Product Type : Antibody, Unconjugated

                          Upfront Cash : Inapplicable

                          April 22, 2025

                          Lead Product(s) : ATI-052

                          Therapeutic Area : Immunology

                          Highest Development Status : IND Enabling

                          Sponsor : Undisclosed

                          Deal Size : Inapplicable

                          Deal Type : Inapplicable

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