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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AbbVie Inc | NYSE:ABBV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.7002 | 0.39% | 182.4702 | 183.51 | 181.44 | 181.64 | 1,752,853 | 18:36:38 |
9:57 ET--AbbVie is one of the most mentioned companies in the U.S. across all news items in the last 12 hours, according to Factiva data. AbbVie will acquire neuroscience-drug maker Cerevel Therapeutics for $45 a share, giving the company an equity value of about $8.7 billion. The deal is AbbVie's second major acquisition in the last two weeks, after the pharmaceutical giant said Nov. 30 it would acquire ImmunoGen for $10 billion. Cerevel is developing potential candidates to treat schizophrenia, Parkinson's disease and mood disorders. AbbVie said the deal complements its existing neuroscience portfolio. Dow Jones & Co. owns Factiva. (chris.wack@wsj.com)
(END) Dow Jones Newswires
December 07, 2023 10:12 ET (15:12 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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