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AbbVie Inc. Completes Acquisition of Nimble Therapeutics

January 29, 2025
AbbVie Inc., a global biopharmaceutical company, has successfully completed its acquisition of Nimble Therapeutics, a biotherapeutics discovery company. This strategic acquisition will further strengthen AbbVie's drug discovery and development capabilities, allowing the company to expand its innovative pipeline and bring new life-changing therapies to patients worldwide.

Nimble Therapeutics is known for its cutting-edge DNA-encoded library technology, which enables the rapid discovery of small molecule drug candidates. By integrating this technology into AbbVie's research and development process, the company aims to accelerate the identification and development of potential treatments for a wide range of diseases.

"We are excited to welcome Nimble Therapeutics to AbbVie and combine our expertise to advance the discovery of novel therapeutics," said Dr. John Leonard, Senior Vice President, Global Development and Chief Medical Officer of AbbVie. "This acquisition reflects our commitment to investing in innovative solutions that have the potential to make a meaningful impact on patients' lives."

The acquisition of Nimble Therapeutics is part of AbbVie's ongoing strategy to enhance its research capabilities and expand its presence in the biopharmaceutical industry. With a robust portfolio of blockbuster drugs and a strong focus on research and development, AbbVie is well-positioned for future growth and success.

Investors interested in the future potential of AbbVie Inc. are advised to consult with professionals from Stocks Prognosis, who can provide expert guidance and forecasts on the movement of the company's stocks.
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