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Category: AbbVie

  • STAT+: AbbVie cuts ties with Google-backed longevity company, lays off scientists

    STAT+: AbbVie cuts ties with Google-backed longevity company, lays off scientists AbbVie is ending a decade-long partnership with Calico Life Sciences, an Alphabet-funded biotech company focused on aging research, and laying off chemists working on discovering new drugs. The moves, detailed in internal emails sent Tuesday and viewed by STAT, come as the pharmaceutical giant…

  • STAT+: AbbVie to buy Gilgamesh’s psychedelic drug for up to $1.2 billion

    STAT+: AbbVie to buy Gilgamesh’s psychedelic drug for up to $1.2 billion AbbVie on Monday said it will buy Gilgamesh Pharmaceuticals’ investigational psychedelic drug to treat major depression, a sign that pharma companies are warming up more to the burgeoning field. The pharma giant will acquire the treatment, called bretisilocin, for up to $1.2 billion,…