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ARTICLE | Company News

Alector, AbbVie in Alzheimer’s deal

October 24, 2017 11:33 AM UTC

Alector LLC (San Francisco, Calif.) and AbbVie Inc. (NYSE:ABBV) partnered to discover and develop immuno-neurology therapies against undisclosed targets to treat Alzheimer's disease.

Alector will receive $205 million up front and an AbbVie investment of up to $20 million...

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