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Immunovant was founded in July 2016 with a focus on leveraging the power of FcRn biology to develop innovative therapies for autoimmune diseases. In June 2017, the company entered into a partnership with Genentech, which granted the company access to a portfolio of FcRn-targeting antibodies from three distinct classes. In September 2018, Immunovant entered into a collaboration with AbbVie. Through this partnership, Immunovant acquired exclusive rights to develop and commercialize certain AbbVie products for the treatment of certain autoimmune diseases.