Why AbbVie Just Made a $1.8 Billion Gene Therapy Deal

Why AbbVie Just Made a $1.8 Billion Gene Therapy Deal

Source: 
Motley Fool
snippet: 
  • AbbVie is partnering with Regenxbio to develop a gene therapy targeting eye diseases.
  • Regenxbio's gene therapy is already in late-stage testing.
  • The deal could give AbbVie a near-term growth driver and generate needed cash for Regenxbio.