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Mergers & Acquisitions

AbbVie to buy neuroscience-focused biotech Aliada

by Laura Howes
November 8, 2024 | A version of this story appeared in Volume 102, Issue 35

 

AbbVie is buying Aliada Therapeutics for $1.4 billion. It is AbbVie’s third acquisition this year and its first in the neuroscience space since the firm bought Cerevel Therapeutics and its late-stage antipsychotic for $8.7 billion last year. AbbVie gains ALIA-1758, an anti-amyloid antibody currently in Phase I clinical trials as a treatment for Alzheimer’s disease, as well as Aliada’s modular delivery platform, which uses small proteins to deliver cargoes across the blood-brain barrier.

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