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AbbVie

NIH launches drug trial for deadly cytokine storm

October 16, 2020 By Sean Whooley

The National Institutes of Health today launched a Phase 3 clinical trial to evaluate three immune modulator drugs in hospitalized adults with COVID-19. Some COVID-19 patients experience an immune response in which the immune system unleashes proteins that trigger inflammation, otherwise known as a cytokine storm, which can lead to acute respiratory distress syndrome, multiple […]

Filed Under: Business/Financial News, Clinical Trials, Featured, Pharmaceutical Tagged With: AbbVie, Bristol-Myers Squibb Co., coronavirus, COVID-19, Janssen Pharmaceuticals, Johnson & Johnson, National Institutes of Health (NIH)

FDA: Thousands of new breast-implant-related illnesses reported

August 20, 2020 By Nancy Crotti

The FDA today reported that it has received nearly 2,500 new reports globally of “breast implant illness” or BII. Reports of new breast implant-related cancer were also up. BII is not cancer, nor is it a term often found in medical literature, the agency said. But it is frequently used by patients and healthcare providers […]

Filed Under: Featured, Oncology, Women's Health Tagged With: AbbVie, Allergan, BIA-ALCL, FDA

The most innovative pharmaceutical agents of 2020

August 3, 2020 By Danielle Kirsh

The Galien Foundation recently announced nominees for most innovative pharmaceutical agents for its 14th Annual Prix Galien USA Awards. The foundation bestows the Prix Galien Award annually to examples of outstanding biomedical, pharmaceutical drugs and medical technology products that are designed to improve the human condition. “As we celebrate 50 years of the Prix Galien process, […]

Filed Under: Cardiovascular, Featured, Neurological, Oncology, Pharmaceutical Tagged With: AbbVie, Adlon Therapeutics, Advanced Accelerator Applications, Astellas Pharma, Bayer, Eli Lilly & Co., Galien Foundation, Genentech, Greenwich Biosciences, GW Pharmaceuticals, Janssen Biotech, Johnson & Johnson, Karyopharm Therapeutics, Medicines Development for Global Health, Merck, Novartis, Pfizer, Population Council, Purdue Pharma, Roche Group, Servier Pharmaceuticals, SIGA Technologies, Sobi, TB Alliance, Theravance Biopharma

Allergan, Ideal Implant targets of FDA warning letters

May 14, 2020 By Nancy Crotti

The FDA issued warning letters today to two breast implant manufacturers for failure to comply with regulatory requirements. One letter went to Allergan (now part of AbbVie) for failing to comply with requirements — under two separate premarket approval orders — to conduct post-approval studies to assess the long-term safety and risks of two models of […]

Filed Under: Business/Financial News, Featured, Food & Drug Administration (FDA), Implants, Regulatory/Compliance, Women's Health Tagged With: AbbVie, Allergan, FDA, Ideal Implant

AbbVie gains U.S. nod for $63B Allergan takeover

May 6, 2020 By Nancy Crotti

Pharmaceutical giant  AbbVie (NYSE:ABBV) has won U.S. antitrust approval for its  purchase of Allergan (NYSE:AGN) for $63 billion in cash and stock. The purchase is seen as a hedge against the impending expiration of U.S. patents on AbbVie’s blockbuster drug, Humira. North Chicago-based AbbVie announced the deal in June 2019, but ran up against U.S. […]

Filed Under: Business/Financial News, Featured, Mergers & Acquisitions, Pharmaceutical, Wall Street Beat Tagged With: AbbVie, Allergan, AstraZeneca plc, Eli Lilly & Co., Federal Trade Commission (FTC), Johnson & Johnson

Miles White’s fearless strategy for growing Abbott

January 10, 2020 By Nancy Crotti

With strong leadership and a taste for risk-taking, outgoing CEO Miles White left no stone unturned as he grew Abbott into one of the world’s largest medical device companies. Few medical device companies have seen the growth and transformation that Abbott (NYSE:ABT) has seen under the leadership of Miles White. During his two decades as […]

Filed Under: Business/Financial News, Cardiovascular, Diabetes, Diagnostics, Featured, Implants, Neuromodulation/Neurostimulation, Pharmaceutical, Vascular, Wall Street Beat Tagged With: Abbott, AbbVie, Guidant Corp., Hospira Inc., stjudemedical

AbbVie to buy Allergan for $6.3B

June 25, 2019 By Nancy Crotti

Pharmaceutical giant AbbVie (NYSE:ABBV) said today it will acquire Allergan (NYSE:AGN) for $63 billion in cash and stock. The purchase is seen as a hedge against the impending expiration of U.S. patents on AbbVie’s blockbuster drug, Humira. AbbVie will pay Allergan shareholders $188.24 per share of Allergan stock, a 45% premium to yesterday’s closing price. […]

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Mergers & Acquisitions, News Well, Wall Street Beat Tagged With: AbbVie, Allergan

FDA approves J&J’s Tremfya self-injection pen for psoriasis

January 30, 2019 By Nancy Crotti

FDA has approved Johnson & Johnson’s patient-controlled injector for Tremfya, a treatment for adults with moderate to severe plaque psoriasis. The self-injection approval may help Tremfya compete with AbbVie’s (NYSE:ABBV) Humira pen, which was previously approved for self-injection by psoriasis patients. Get the full story on our sister site, Drug Delivery Business.

Filed Under: Drug-Device Combinations, Food & Drug Administration (FDA), News Well Tagged With: AbbVie, FDA, Janssen Pharmaceuticals, Johnson and Johnson

Pharma stocks fall as Rep. Cummings launches drug pricing investigation

January 14, 2019 By Sarah Faulkner

Chairman of the House Oversight Committee Rep. Elijah Cummings (D-MD) launched an investigation today into the drug pricing practices of 12 pharmaceutical companies. A number of companies named in the investigation saw their stock prices fall, including Amgen (NSDQ:AMGN), AbbVie (NYSE:ABBV), AstraZeneca (NYSE:AZN), Eli Lilly (NYSE:LLY) and Novo Nordisk (NYSE:NVO). A hearing is reportedly set for Jan. 29 and will include patients affected by rising […]

Filed Under: Business/Financial News, Drug-Device Combinations, Featured, Pharmaceutical, Wall Street Beat Tagged With: AbbVie, Amgen, AstraZeneca plc, Eli Lilly & Co., Novo Nordisk, Sanofi-Aventis

EU approves fifth biosimilar for blockbuster Humira drug

September 20, 2018 By Sarah Faulkner

Mylan (NSDQ:MYL) and Fujifilm Kyowa Kirin Biologics said today that the European Commission gave the companies marketing authorization for Hulio, a biosimilar to AbbVie‘s (NYSE:ABBV) billion-dollar Humira product. Mylan said it plans to launch Hulio across particular markets in Europe on or after Oct. 16. The drug is the fifth product authorized by the EC as a biosimilar for […]

Filed Under: Pharmaceutical, Regulatory/Compliance, Wall Street Beat Tagged With: AbbVie, Fujifilm, Mylan

Cerveau inks licensing deal with AbbVie for tau imaging agent

October 23, 2017 By Sarah Faulkner

Cerveau Technologies has inked a deal to license and supply AbbVie (NYSE:ABBV) with its [F-18]MK-6240 investigational tau imaging agent, the company said today. After the FDA cleared the investigational new drug application for Cerveau’s imaging agent in June, the company said it planned to work with pharmaceutical partners to evaluate the product’s use in positron emission tomography scans to assess […]

Filed Under: Clinical Trials, Imaging, Pharmaceutical, Wall Street Beat Tagged With: AbbVie, Cerveau Technologies

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