AbbVie adds to its neuro pipeline with a $1B buyout deal, bolting on a new drug aimed at Alzheimer’s
AbbVie is beefing up its neuro pipeline with a small biotech buyout that adds a new approach to cognitive decline in Alzheimer’s and other CNS diseases.
The pharma giant is snapping up Belgium’s Syndesi Therapeutics, which 4 years ago landed rights to UCB’s synaptic vesicle protein 2A (SV2A) program aimed at synaptic efficiency. The drug targets the communication between neurons in the brain — which becomes dysfunctional with the advance of a variety of degenerative ailments, most notably Alzheimer’s.
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