DOTmed January 3, 2025

RA Capital Management has announced the completion of AbbVie’s $1.4 billion acquisition of Aliada Therapeutics, a portfolio company founded and supported by RA Capital’s healthcare incubator, Raven.

The deal marks the second major acquisition of a Raven-backed company this year, following Novartis’ $1 billion purchase of Mariana Oncology in May.

Aliada’s lead asset, ALIA-1758, is an investigational anti-pyroglutamate amyloid beta (3pE-Aβ) antibody targeting Alzheimer’s disease. The drug leverages a proprietary blood-brain barrier-crossing technology designed to enhance central nervous system drug delivery. ALIA-1758 is currently undergoing a Phase 1 clinical trial.

Aliada was cofounded in 2021 by Johnson & Johnson Innovation – JJDC, RA Capital, and Raven. The startup was...

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Topics: Biotechnology, Mergers & Acquisitions / JV, Pharma, Pharma / Biotech, Trends
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