John McHutchison, Assembly CEO (Getty Images)

Ab­b­Vie sweeps out ex­per­i­men­tal gas­tro drugs in a post-merg­er pipeline cleanup. And they can like­ly be yours for the right price

Ab­b­Vie nev­er want­ed all the pipeline projects on dis­play at Al­ler­gan. And now the phar­ma gi­ant is writ­ing off an $80 mil­lion in­vest­ment in a mi­cro­bio­me deal as part of its post-merg­er R&D re­vamp.

Al­ler­gan ini­tial­ly plunked down $50 mil­lion to get the col­lab­o­ra­tion on their mi­cro­bio­me gas­troin­testi­nal pro­grams start­ed with As­sem­bly Bio­sciences $ASMB, Mizuho’s Sal­im Syed es­ti­mat­ed that their to­tal spend was around $80 mil­lion.

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