financetom
Business
financetom
/
Business
/
AbbVie Gets US FDA's Full Approval for Ovarian Cancer Treatment
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
AbbVie Gets US FDA's Full Approval for Ovarian Cancer Treatment
Mar 22, 2024 12:56 PM

03:31 PM EDT, 03/22/2024 (MT Newswires) -- AbbVie ( ABBV ) said Friday it got full approval from the US Food and Drug Administration for Elahere, or mirvetuximab soravtansine-gynx, for the treatment of certain ovarian cancer patients.

The health's regulator approval was based on the results of the phase 3 Mirasol trial in patients with epithelial ovarian, fallopian tube or primary peritoneal cancer who have been treated with up to three prior therapies, the company said.

The trial, which enrolled 453 patients, showed a 33% reduction in risk of death in the Elahere group compared with those who received the investigator's choice of chemotherapy, the company said. There was also a 35% reduction in the risk of tumor or cancer progression for those treated with Elahere versus those who received the investigator's choice of chemotherapy, according to a statement.

Elahere also demonstrated fewer grade 3+ adverse events and a lower discontinuation rate due to adverse events compared with the investigator's choice of chemotherapy group, the company said.

Price: 178.55, Change: +1.05, Percent Change: +0.59

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ABM Industries Expands, Extends Credit Agreement
ABM Industries Expands, Extends Credit Agreement
Feb 27, 2025
10:57 AM EST, 02/27/2025 (MT Newswires) -- ABM Industries ( ABM ) said Thursday it has expanded and extended its senior secured credit agreement to $2.2 billion, composed of a $1.6 billion revolving credit facility and a $600 million amortizing term loan maturing Feb. 26, 2030. The amended facility replaces ABM's prior credit agreement, which was scheduled to mature on...
FCC advances auction of wireless spectrum to fund Chinese equipment removal
FCC advances auction of wireless spectrum to fund Chinese equipment removal
Feb 27, 2025
WASHINGTON, Feb 27 (Reuters) - The Federal Communications Commission voted on Thursday to advance a wireless spectrum auction to provide nearly $3.1 billion for U.S. telecom companies to remove equipment made by Chinese telecoms firms Huawei and ZTE (Shenzhen:000063) from American wireless networks to address security risks. Congress approved the funding and authorized a one-time spectrum auction by the FCC...
Jose Cuervo tequila maker warns of potential Trump tariffs impact
Jose Cuervo tequila maker warns of potential Trump tariffs impact
Feb 27, 2025
MEXICO CITY, Feb 27 (Reuters) - Mexico's Becle , the maker of Jose Cuervo tequila, warned on Thursday that it could face an $80 million impact this year if U.S. President Donald Trump goes through with his threat of imposing tariffs next month on imports of Mexican products. Becle, the world's largest tequila producer, reported late on Wednesday a 21%...
Nvidia Shares Dip Despite Strong Q4 Earnings Beat, Record Revenue: What's Going On?
Nvidia Shares Dip Despite Strong Q4 Earnings Beat, Record Revenue: What's Going On?
Feb 27, 2025
NVIDIA Corporation ( NVDA ) shares are moving lower Thursday. The stock is reversing amid a possible trader selloff after reporting fourth-quarter financial results. What To Know: Nvidia ( NVDA ) posted record revenue of $39.3 billion for the fourth quarter, surpassing the consensus estimate of $38.05 billion, according to Benzinga Pro. The company’s top-line results were up 78% year-over-year...
Copyright 2023-2026 - www.financetom.com All Rights Reserved