AbbVie Goes Boldly Into Immuno-Neurology With Alector

AbbVie agreed to pay $205m up front to biotech start-up Alector to research a portfolio of antibody targets to treat Alzheimer's and other neurodegenerative diseases by harnessing the immune system.

Human brain illustrated with millions of small nerves - Conceptual 3d render

Now that the potential for harnessing the immune system to attack cancer has been well validated, drug makers are looking to the next big therapy area in which to explore the power of the immune system. One area that is getting attention, based on encouraging preclinical data, is neurodegenerative disease.

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The latest in a long line of restructuring measures will see Sumitomo Pharma making a stepped sale of its pharma operations in Asia to major Japanese trading house Marubeni.