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ABBV
227.66
- 1.79%
ABBVIE INC.
Pharma & Biotech

News Sentiment

59m ago
Bullish 80%
Bearish 20%

News Summary

The company's immunology drug SKYRIZI received two consecutive positive reimbursement recommendations from Canada's Drug Agency for both Crohn's disease and ulcerative colitis, supported by strong Phase 3 clinical trial data. Additionally, the company concluded a letter of intent with the pan-Canadian Pharmaceutical Alliance regarding this drug. Immunology sales are surging and the company has outperformed the Nasdaq over the past year, with analysts showing moderate optimism. The stock is trading near its 52-week high, indicating strong investor confidence.
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