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Stock impact report

AbbVie's New Data And Approval Test Growth And Valuation Story [Yahoo! Finance]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Yahoo! Finance
Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. AbbVie (NYSE:ABBV) reported positive topline Phase 3 results for risankizumab (SKYRIZI) in Crohn's disease. The company also received FDA approval for an oral combination of VENCLEXTA and acalabrutinib in previously untreated chronic lymphocytic leukemia. These updates add to AbbVie's immunology and hematology-oncology portfolio and may be relevant for long term growth planning. AbbVie enters this news cycle with its shares at $234.26 and multi year returns that some investors may view as substantial, including 14.5% over the past year and 167.3% over five years. For a company of AbbVie's size, additional late stage data in Crohn's disease and a fresh FDA approval in leukemia can matter for how investors think about the breadth of the pipeline and the durability of key franchises. For you as a shareholder or prospective investor, the key questions now are how these th Show less Read more
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