Michael Severino, AbbVie president

Ab­b­Vie, rid­ing the Aduhelm af­ter­glow, hand­picks be­ta amy­loid drug for fur­ther R&D as it bails on tau

Al­though shroud­ed in con­tro­ver­sy, the FDA’s ap­proval of Bio­gen’s Aduhelm for Alzheimer’s dis­ease has opened the flood­gates for oth­er drug­mak­ers buy­ing in on the an­ti-amy­loid hy­poth­e­sis un­der­scor­ing the drug’s suc­cess. You can now count drug gi­ant Ab­b­Vie among them.

On an earn­ings call with an­a­lysts Fri­day, Ab­b­Vie $AB­BV re­vealed its plans to ad­vance a hand­picked be­ta amy­loid tar­get­ing mol­e­cule for Alzheimer’s dis­ease while aban­don­ing de­vel­op­ment of its Phase II tau pro­gram AB­BV-8E12.

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