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AbbVie to Acquire Cerevel Therapeutics for $8.7B

Adds pipeline of assets for psychiatric and neurological disorders including schizophrenia, Parkinson's disease, and mood disorders.

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By: Kristin Brooks

Managing Editor, Contract Pharma

AbbVie entered a definitive agreement to acquire Cerevel Therapeutics and its neuroscience pipeline of multiple clinical-stage and preclinical candidates with potential across schizophrenia, Parkinson’s disease (PD), and mood disorders, approximately $8.7 billion. The acquisition complements AbbVie’s neuroscience portfolio, adding a wide range of potentially best-in-class assets that may transform standards of care across psychiatric and neurological disorders where significant unmet...

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