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AbbVie Cranks Up Temperature In IBD Market With Celsius Buyout

 
• By Alaric DeArment

The drug maker is spending $250m to acquire privately held Celsius and its lead candidate, a monoclonal antibody targeting TREM1 in inflammatory bowel disease.

• Source: Shutterstock

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.

The Chicago area-based pharma giant announced 27 June that it acquired privately held Celsius for $250m

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