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AbbVie to Acquire Alzheimer’s Drug Developer Aliada Therapeutics for $1.4 Billion

AbbVie to Acquire Alzheimer’s Drug Developer Aliada Therapeutics for $1.4 Billion

by John Conrad | Oct 28, 2024 | Member News, NewsBrief

AbbVie announced today it will acquire Boston-based Aliada Therapeutics in a $1.4 billion cash deal, expanding its presence in neuroscience and Alzheimer’s disease research. The acquisition gives AbbVie access to Aliada’s novel blood-brain barrier crossing...
AbbVie Acquires Cerevel Therapeutics: A New Hope for Neurological and Psychiatric Patients

AbbVie Acquires Cerevel Therapeutics: A New Hope for Neurological and Psychiatric Patients

by John Conrad | Aug 2, 2024 | NewsBrief

On August 1, 2024, AbbVie completed its acquisition of Cerevel Therapeutics, marking a significant milestone in the quest to improve treatments for millions of people living with neurological and psychiatric conditions. This union brings together two companies...
AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

by John Conrad | Jun 28, 2024 | NewsBrief

AbbVie continues to bolster its immunology portfolio beyond Humira, announcing on Thursday its acquisition of early-stage biotech Celsius Therapeutics for $250 million in cash. This move aims to strengthen AbbVie’s longer-term prospects in inflammatory bowel...
AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

AbbVie/Genmab’s Epkinly Receives FDA Accelerated Approval for Follicular Lymphoma

by John Conrad | Jun 27, 2024 | NewsBrief

The U.S. Food and Drug Administration (FDA) has granted accelerated approval to Epkinly (epcoritamab-bysp), a joint development by AbbVie and Genmab, for the treatment of adults with relapsed or refractory (R/R) follicular lymphoma (FL). This approval specifically...
AbbVie Acquires Celsius Therapeutics for $250M, Expanding IBD Pipeline

AbbVie and FutureGen Join Forces to Develop Novel Inflammatory Bowel Disease Treatment

by John Conrad | Jun 13, 2024 | NewsBrief

Inflammatory Bowel Disease (IBD) affects millions of people worldwide, causing chronic inflammation in the digestive tract and leading to debilitating symptoms. Current therapies often fail to provide adequate relief for many patients, highlighting the urgent need for...
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