November 20, 2025
STAT+: AbbVie cuts ties with Google-backed longevity company, lays off scientists
IntelME Verdict
Strategic Shift
TL;DR
AbbVie ends 11-year partnership with Calico Life Sciences, shifts focus from small-molecule drugs to biologics and genetic medicines, leading to scientist layoffs.
Analysis
AbbVie's termination of the long-standing partnership with Calico Life Sciences and the shift towards biologics and genetic medicines signifies a strategic move in drug development. This move, coupled with scientist layoffs, highlights the company's focus on innovative therapies and the potential impact on future R&D directions in the biotech/pharma industry.
Source
STAT News - Health↗Share:
