Oct 28 (Reuters) - U.S. drugmaker AbbVie ( ABBV ) said
on Monday it would acquire Aliada Therapeutics for $1.4 billion
in cash, gaining access to the therapy developer's Alzheimer's
disease drug candidate.
Aliada is developing ALIA-1758, an antibody for the
Alzheimer's disease, which AbbVie ( ABBV ) said could be a potential
best-in-class therapy.
The deal is expected to close by the end of this year.