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0.000584377637815748 0.000584377637815748 0.000584377637815748 -0.000519446789169431 -0.000584377637815564 -0.00662294656191145 -0.00662294656191145 -0.00662294656191145
Stock impact report

Johnson & Johnson and AbbVie Earn a New FDA Approval for Imbruvica [The Motley Fool]

Johnson & Johnson (JNJ) 
Last johnson & johnson earnings: 4/14 06:31 am Check Earnings Report
US:NYSE Investor Relations: jnj.com
Company Research Source: The Motley Fool
Imbruvica, a blockbuster cancer drug marketed byJohnson & Johnson(NYSE:JNJAbbVieNYSE:ABBVBiogenNASDAQ:BIIBThis approval was based on positive results from a phase clinical trial. During the trial, CLL patients under age 70 who were treated with a combination of Imbruvica and Rituximab achieved a progression-free survival (PFS) rate -- the amount of time during and after treatment the patient lives with cancer without experiencing worsening symptoms -- of 88% after 7 months. By contrast, patients on chemotherapy drugs and Rituximab achieved a PFS rate of 7%.Image Source: Getty Images.Johnson & Johnson originally co-developed Imbruvica with Pharmacyclics, an oncology-focused biotech company that was acquired by AbbVie back in 0 in a cash and stock transaction valued at $ billion. Johnson & Johnson and AbbVie equally share the profits (and losses) from the sale of Imbruvica.With sales of Humira -- by far AbbVie's biggest moneymaker -- losing steam in Europe due to competition from biosi Show less Read more
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