Psychedelic stocks up after report on AbbVie-Gilgamesh deal talks

Mushroom colony on stump

Maxim Kulik/iStock via Getty Images

AbbVie’s (NYSE:ABBV) move to buy New York-based psychedelic drug developer Gilgamesh Pharmaceuticals in a deal worth around $1B, according to Bloomberg News, rallied the psychedelic space on Thursday.

Citing people familiar with the matter, Bloomberg News added that Peter Thiel-backed Atai

Leave a Reply

Your email address will not be published. Required fields are marked *