Abbvie spent $1.2 billion to acquire an antidepressant

AASTOCKS
2025.08.25 15:28

Abbvie (ABBV.US) announced that it will acquire an experimental depression treatment drug from Gilgamesh Pharmaceuticals for up to $1.2 billion.

According to the agreement, Abbvie will acquire Gilgamesh's leading drug butrisaloxone, which is under development for the treatment of major depressive disorder