AbbVie to buy Cerevel Therapeutics in $8.7 billion all-cash deal
December 06, 2023 at 16:59 PM EST
AbbVie Inc. said late Wednesday it has agreed to buy Cerevel Therapeutics Holdings Inc. for $8.7 billion, saying that Cerevel's "robust" neuroscience pipeline adds medications that may transform standards of care in psychiatric and neurological illnesses.
