AbbVie to acquire Cerevel Therapeutics for $8.7bn to expand neuroscience research

AbbVie to acquire Cerevel Therapeutics for $8.7bn to expand neuroscience research

AbbVie Inc. (NYSE: ABBV) and Cerevel Therapeutics (NASDAQ: CERE) have announced a definitive agreement in which AbbVie will acquire Cerevel Therapeutics. The transaction, valued at approximately $8.7 billion, is a strategic move that enhances AbbVie’s neuroscience portfolio by adding a robust pipeline of multiple clinical-stage and preclinical candidates. These candidates hold potential across several diseases, […]