With the impact of biosimilar competition for Humira (adalimumab) playing out as expected, AbbVie Inc. is expanding its offerings in inflammatory bowel disease (IBD), with the acquisition of Celsius Therapeutics and its lead candidate, CEL383, being the latest addition to the drug maker’s growing portfolio in the space.
AbbVie Cranks Up Temperature In IBD Market With Celsius Buyout
The drug maker is spending $250m to acquire privately held Celsius and its lead candidate, a monoclonal antibody targeting TREM1 in inflammatory bowel disease.
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