Citing 'strategic considerations,' AbbVie breaks off Parkinson's deal with biotech partner
AbbVie, one of the first Big Pharmas to bet on alpha-synuclein as a target for Parkinson’s disease, seems to be cooling on the field.
The pharma giant is dropping its collaboration with Sweden’s BioArctic around a portfolio of alpha-synuclein antibodies, including one that it previously said was ready to go into Phase II. A clinicaltrials.gov listing for ABBV-0805 says a Phase I study is “Withdrawn (Strategic considerations).”
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