Value Of AbbVie’s Cerevel Buy Uncertain After Schizophrenia Failure

Phase II Misses Could Benefit BMS’s Cobenfy

With two misses for emraclidine, AbbVie will hope to extract some value from the Cerevel acquisition from the Parkinson’s drug tavapadon, while BMS may get a big lead in the schizophrenia space.

AbbVie exterior
AbbVie's emraclidine failed two Phase II studies in schizophrenia • Source: Alamy

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