AbbVie and Gedeon Richter expand their neuropsychiatric collaboration, aiming to discover and develop novel targets. The partnership includes preclinical and clinical R&D activities, with Richter receiving an upfront payment of $25 million and potential milestone payments. Vraylar, a product of their previous collaboration, has been approved for schizophrenia, bipolar I disorder, major depressive disorder, and as adjunctive therapy for MDD. The prevalence of mental illness in the U.S. in 2022 was over 20%, highlighting the need for new therapies.