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AbbVie announced its participation at the 2024 Digestive Disease Week (DDW) Annual Meeting, presenting 15 abstracts focused on inflammatory bowel diseases (IBD), including Crohn's disease and ulcerative colitis. Key presentations include data from the SEQUENCE trial comparing risankizumab (SKYRIZI) and ustekinumab (STELARA) in Crohn's disease, and findings from the INSPIRE and COMMAND Phase 3 studies on risankizumab for ulcerative colitis. The company highlighted advancements in treatment outcomes, including symptom relief, economic impacts, and long-term efficacy and safety across its gastroenterology portfolio.
AbbVie and Gilgamesh Pharmaceuticals have announced a collaboration and option-to-license agreement to develop next-generation therapies for psychiatric disorders. This partnership aims to leverage AbbVie's expertise in psychiatry and Gilgamesh's innovative research platform to discover novel neuroplastogens targeting mechanisms that may provide significant clinical benefits while minimizing challenging side effects seen with first-generation compounds. The agreement includes a significant upfront payment, potential milestone fees, and royalties for Gilgamesh, showcasing AbbVie's commitment to advancing mental health treatment through innovative technologies.
AbbVie will participate in the Bank of America Securities Healthcare Conference on May 15, 2024. The company's key executives will present at the conference, and a live audio webcast will be accessible through AbbVie's Investor Relations website.