AbbVie To Acquire Aliada Therapeutics For $1.4B In Cash
Portfolio Pulse from Benzinga Newsdesk
AbbVie has announced its acquisition of Aliada Therapeutics for $1.4 billion in cash. This move is expected to enhance AbbVie's portfolio and strengthen its position in the pharmaceutical industry.
October 28, 2024 | 12:04 pm
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AbbVie is acquiring Aliada Therapeutics for $1.4 billion in cash, which is likely to strengthen its pharmaceutical portfolio and market position.
The acquisition of Aliada Therapeutics by AbbVie for $1.4 billion is a significant strategic move that is expected to enhance AbbVie's product offerings and market position. Such acquisitions typically lead to positive investor sentiment and potential stock price appreciation.
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