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.

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