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Etentamig shows strong results in Phase 3 trial for relapsed multiple myeloma, improving survival and response rates.

Company Fundamentals
03 Sep 2026
PRNewsWire
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Bullish
Etentamig shows strong results in Phase 3 trial for relapsed multiple myeloma, improving survival and response rates.

AbbVie announced positive Phase 3 results for etentamig, a BCMA x CD3 bispecific T-cell engager, in treating triple-class exposed relapsed/refractory multiple myeloma. The CERVINO study showed etentamig achieved a 74% objective response rate and a 60% reduction in disease progression risk compared to standard therapies. It also demonstrated a manageable safety profile with low rates of severe cytokine release syndrome and infections, supporting its potential for outpatient and community care use. AbbVie plans to discuss these results with regulators to determine next steps for approval and broader patient access.

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AbbVie buys Apogee for $11B, boosting its drug pipeline and keeping 'Buy' rating intact.

AbbVie buys Apogee for $11B, boosting its drug pipeline and keeping 'Buy' rating intact.

AbbVie confirmed its $11 billion acquisition of Apogee Therapeutics, enhancing its drug pipeline in immunology, oncology, neuroscience, and aesthetics. The deal causes only modest near-term earnings dilution. AbbVie's Q2 results beat expectations, dr...

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AbbVie completes $10.9B acquisition of Apogee, boosting immunology pipeline with new treatments for inflammatory diseases.

AbbVie completes $10.9B acquisition of Apogee, boosting immunology pipeline with new treatments for inflammatory diseases.

AbbVie has finalized its $10.9 billion acquisition of Apogee Therapeutics, enhancing its immunology portfolio with Apogee's late-stage drug candidates targeting inflammatory diseases like atopic dermatitis and asthma. Apogee's lead asset, zumilokibar...

Company Fundamentals
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1 day ago
AbbVie to present at Morgan Stanley Healthcare Conference on Sept 15 with live webcast available.

AbbVie to present at Morgan Stanley Healthcare Conference on Sept 15 with live webcast available.

AbbVie announced it will participate in the Morgan Stanley 24th Annual Global Healthcare Conference on September 15, 2026. The company's management will engage in a fireside chat at 9:00 a.m. Central time, which will be accessible via a live audio we...

Market News
Neutral
1 day ago
JEPI ETF's 8% yield faces a $3,600 annual tax hit versus owning stocks directly in taxable accounts.

JEPI ETF's 8% yield faces a $3,600 annual tax hit versus owning stocks directly in taxable accounts.

JPMorgan's JEPI ETF offers an 8.33% yield mainly from option premiums and large-cap stocks, but in taxable accounts, most distributions are taxed as ordinary income, not at the lower qualified dividend rate. This results in a significant tax penalty—...

Market News
Bearish
1 day ago
SkinMedica launches Barrier Calming Cream and HA 5 Facial Mist to boost skin hydration and barrier health.

SkinMedica launches Barrier Calming Cream and HA 5 Facial Mist to boost skin hydration and barrier health.

Allergan Aesthetics, part of AbbVie, introduced two new skincare products under the SkinMedica brand: Barrier Calming Cream and HA 5 Hydra Collagen Facial Mist. The Barrier Calming Cream, featuring Calcium Strengthening and Botanical Calming Complexe...

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3 days ago
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