AbbVie buys Nimble Therapeutics for $200M to expand its autoimmune disease drug offerings.

AbbVie is acquiring Nimble Therapeutics for $200 million to enhance its immunology drug pipeline. Nimble, a biotech focused on oral peptide treatments for autoimmune diseases, has a preclinical IL23R inhibitor for psoriasis and IBD. The deal includes Nimble's peptide synthesis technology and potential additional payments based on milestones. The transaction, subject to regulatory approval, is expected to close in early 2025.

3 months ago
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