Blow For Sweden's BioArctic As AbbVie Exits Parkinson's Pact

US Major Pulls Out Of Alpha Synuclein Space

Novartis and Roche may be committed to the target, but AbbVie has decided that its efforts in Parkinson's will not include a Phase II trial of its Swedish partner's alpha synuclein drug.

Broken deal
• Source: Archive

Just a couple of months after BioArctic AB trumpeted partner AbbVie Inc.'s plans to advance their Parkinson's drug ABBV-0805 into mid-stage trials this year, the US major has pulled the plug on a pact to develop the therapy and the rest of the Swedish group's portfolio of alpha-synuclein antibodies.

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