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AbbVie Inc.

Drug Names(s): motexafin lutetium

Description: Antrin is taken up into atherosclerotic plaques, specifically into macrophages, which are thought to be involved in inflammation and destabilization of the plaques. When Antrin is activated by phototherapy, it induces apoptosis in the macrophages.

Deal Structure: Pharmacyclics and AbbVie
In March 2015, AbbVie announced a definitive agreement under which AbbVie will acquire Pharmacyclics. Under the terms of the transaction, AbbVie will pay $261.25 per share comprised of a mix of cash and AbbVie equity.

In May 2015, AbbVie announced that it has completed the acquisition of Pharmacyclics.

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