Ab­b­Vie writes off $3.5B on Cerev­el drug af­ter Phase 2 fail­ures

Ab­b­Vie is tak­ing a ma­jor loss in the wake of its Cerev­el buy­out.

Ab­b­Vie said it will write off $3.5 bil­lion fol­low­ing two mid-stage fail­ures …

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