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-0.000195331575349116 -0.000439496044535616 7.32493407560054E-05 0.00107432366442035 -0.00112315655825773 -0.00236839535110843 -0.00012208223459325 0.000830159195233987
Stock impact report

Gilgamesh Pharma Closes Oversubscribed $60 Million Series A to Develop Next Generation Neuropsychiatric Therapies [Yahoo! Finance]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Yahoo! Finance
and neurological disorders, today announced the successful closing of a $60 million Series A financing. The strong investor demand reflects the high quality of the company's clinical and preclinical pipeline. Gilgamesh Pharmaceuticals (PRNewsfoto/Gilgamesh Pharmaceuticals) This is the first formal capital raise for Gilgamesh Pharma, the spinout formed following the acquisition of Gilgamesh Pharmaceuticals and bretisilocin by AbbVie in 2025 (the "Acquisition"). The new company is led by the same management team and inherits all programs not acquired by AbbVie, as well as capital from the Acquisition and previous neuroplastogen collaboration and option-to-license deal with AbbVie initiated in 2024 (the "Collaboration"). Proceeds from this additional financing will support the advancement of Gilgamesh Pharma's portfolio of novel neuropsychiatric therapeutics, all of which are novel chemical entities (NCEs) with composition of matter IP, as well as the continued expansion of the com Show less Read more
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