AbbVie's Eczema Study Hurts Regeneron Stocks

Sep 09, 2017

Reuters

AbbVie announced that its experimental eczema drug, upadacitinib, met the main goal in a mid-stage study. The positive news brought down competitor Regeneron Pharmaceuticals' stocks, according to a Reuters article. Regeneron’s eczema drug, Dupixent, was approved by the U.S. FDA in March.

AbbVie’s mid-stage trial data for upadacitinib seemed comparable to Dupixent’s late-stage data, but the two studies had different sample sizes, making direct comparisons hard to measure, said Jefferies analyst Berin Amin. He still expects the drugs to compete, however.

Upadacitinib showed a statistically significant improvement in reducing both the severity of eczema in patients and the amount of body area affected by the disease, AbbVie said.

Read the full story

Show Comments
Hide Comments

Join the discussion

We welcome your thoughtful comments.
All comments will display your user name.

Want to participate in the discussion?

Register for free

Log in for complete access.

Comments

No one has commented on this page yet.

RSS feed for comments on this page | RSS feed for all comments