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Drug Discovery

AbbVie and Gilgamesh Pharmaceuticals partner for psychiatric drugs

by Sarah Braner
May 16, 2024 | A version of this story appeared in Volume 102, Issue 15
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AbbVie and Gilgamesh Pharmaceuticals have entered an option-to-license agreement for new drugs for psychiatric disorders. The agreement centers on discovering novel drugs that enhance neuroplasticity, like psychedelics do, while avoiding unwanted psychoactive effects such as hallucinations. AbbVie says second-generation “neuroplastogens” hold the potential to treat mood and anxiety disorders. AbbVie will pay Gilgamesh $65 million up front.

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