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Redeye adjusts BioArctic's valuation to reflect the terminated collaboration with AbbVie. While this decision has a limited effect on the valuation - ABBV-0805 was about 7% on the total value - it impacts the binarity of the company as lecanemab is now the only asset in clinical development. At the same time, it gives the opportunity for BioArctic to find a more committed partner for the portfolio of alpha-synuclein antibodies.
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