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0.000348149007775341 -0.000115469420912191 -0.000232099338516839 -0.000812347684809019 -0.00113148427526978 -0.000105024950678914 5.80248346291685E-05 -0.00411976325867476
Stock impact report

ABBV's Acquisition Spree Continues: Buy, Sell or Hold the Stock? [Yahoo! Finance]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Yahoo! Finance
private biotech Nimble Therapeutics, which will add the latter's lead pipeline candidate, an oral peptide IL23R inhibitor in preclinical development for psoriasis. The acquisition will strengthen AbbVie's immunology pipeline. Nimble is also making oral peptide-based therapeutics for autoimmune diseases leveraging its proprietary peptide synthesis platform. To acquire Nimble, AbbVie will make a cash payment of $200 million. Nimble will also be entitled to some potential milestone payments. AbbVie on an Acquisition Spree This Year AbbVie has been on an acquisition spree in the past couple of years, which is strengthening its pipeline. It has signed several M&A deals in the immunology space, its core area, while also signing some early-stage deals in oncology and neuroscience areas. In 2024, it acquired smaller biotechs like Landos Biopharma and Celsius Therapeutics, which are making novel drugs for treating inflammatory bowel disease (IBD), which has become quite a popular space Show less Read more
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