80.00 -1.15 (-1.42%)
Pre-Market: 7:09AM EDT
|Bid||79.80 x 800|
|Ask||0.00 x 800|
|Day's Range||80.32 - 81.63|
|52 Week Range||75.62 - 103.16|
|Beta (3Y Monthly)||0.97|
|PE Ratio (TTM)||23.11|
|Forward Dividend & Yield||4.28 (5.39%)|
|1y Target Est||N/A|
FDA grants priority review to J&J's (JNJ) Invokana sNDA for the treatment of chronic kidney disease in patients with type II diabetes
When most people think of marijuana stocks, the last thing they think of is dividends. The legal marijuana industry is still very young, and new companies in growing industries need money to expand. Furthermore, U.S. investors in the marijuana space tend to currently focus on a handful of Canadian companies which have enjoyed the opportunity to list on U.S. exchanges.
The spending by the industry’s main trade group and seven key drugmakers has climbed to a level not seen in a decade.
AbbVie's (ABBV) phase III study on Depatux-M, an investigational candidate for newly diagnosed glioblastoma, fails to show survival benefit in patients receiving Depatux-M.
These drugs and the biotechs that make them could be on the way to tremendous success in the near future.
Roche (RHHBY) gains an FDA nod for the sNDA of its leukemia drug, Venclexta, in combination with Gazyva for the treatment of previously untreated chronic lymphocytic leukemia.
An independent data monitoring committee recommended the study be stopped due to "lack of survival benefit" for patients receiving the treatment Depatux-M when compared with a placebo, AbbVie said. Depatux-M, when added to the standard regimen of radiation and temozolomide, failed to meet the main goal of achieving overall survival in newly diagnosed patients when compared to patients given a placebo along with radiation and temozolomide. The trial has been testing the drug to treat an aggressive form of brain cancer known as glioblastoma.
Shares of AbbVie Inc. fell 1.8% in premarket trade after the company announced that interim data from a Phase 3 trial of glioblastoma drug Depatux-M did not show any survival benefit to patients. An independent monitoring committee recommended stopping the trial, which was conducted in collaboration with the RTOG Foundation, a not-for-profit cancer research organization. "Glioblastoma patients and their caregivers face a devastating disease for which there are few therapeutic options. While we are disappointed that Depatux-M did not demonstrate a survival benefit in the INTELLANCE-1 study, we remain committed to discovering and developing therapies to address some of the most debilitating cancers," said Michael Severino, vice chairman and president of AbbVie, in a statement. AbbVie has halted enrollment in all of its Depatux-M studies. Shares of the company have fallen 14% in the year to date through Thursday, while the S&P 500 has gained 14.7%.
FDA grants approval for line extensions of Lilly (LLY), Pfizer (PFE) and Roche (RHHBY)/AbbVie's (ABBV) cancer drugs
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does AbbVie (ABBV) have what it takes? Let's find out.
AbbVie (ABBV) resolves its litigation with Boehringer Ingelheim over U.S. patents for its blockbuster rheumatoid arthritis drug, Humira.
The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy. - Walt Disney Co moved to take full control over Hulu through ...
As uncertainty over the outcome of Sino-American trade talks grows, so does the possibility of a longer-than-expected negotiations or an all-out trade war, strategists at Goldman Sachs are providing some timely trading strategies.
Shares of AbbVie Inc. rose 1.3% in premarket trade Tuseday after the company announced it had resolved its litigation with biosimilar drugmaker Boehringer Ingelheim over U.S. patents for the rheumatoid arthritis drug Humira. Under the terms of the resolution, AbbVie will grant Boehringer a non-exclusive license to its Humira-related intellectual property in the U.S., which will begin in 2023. Boehringer, which is looking to sell a biosimilar version of Humira in the U.S. called Cyltezo, will pay royalties to AbbVie for licensing the patents. AbbVie will not make any payments to Boehringer. Shares of AbbVie have declined 5% so far this year, while the S&P 500 has gained 12%.
AbbVie (ABBV) -- spun off from Abbott Labs (ABT) in 2013 -- is a biotechnology company that is focused on the development and commercializing of treatments in immunology, virology, and oncology, notes Ben Reynolds, editor of Sure Dividend.