Tag

Neurological Drugs

All articles tagged with #neurological drugs

business2 years ago•1 min saved

AbbVie Set to Acquire Cerevel Therapeutics in $8 Billion Deal

AbbVie Inc is reportedly close to finalizing an $8 billion deal to acquire Cerevel Therapeutics Holdings Inc, a drug developer specializing in neurological conditions like Parkinson's. This potential acquisition comes shortly after AbbVie's agreement to purchase cancer drug developer ImmunoGen Inc for $10.1 billion, indicating the company's interest in investing in promising new medicines. The deal, which is being negotiated at around $45 per share, could be announced as early as this week.

via Reuters|

#abbvie #acquisition #business

health2 years ago•6 min saved

New ALS drug breakthrough may revolutionize brain treatments.

The US FDA is expected to rule soon on the approval of a new drug for a rare form of ALS, which could pave the way for more flexible regulation of neurological drugs. Tofersen, developed by Biogen and Ionis Pharmaceuticals, did not slow patients' decline in a phase III trial, but some say the trial was too short. Biogen has asked the FDA to approve the drug on an 'accelerated' basis, with future trial data to determine whether it works. The FDA's willingness to review and discuss the tofersen data highlights its newfound flexibility in neurological drug development.

via Nature.com|

#als #fda #health