financetom
Business
financetom
/
Business
/
US FDA approves AbbVie-Pfizer's treatment for intra-abdominal infections
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US FDA approves AbbVie-Pfizer's treatment for intra-abdominal infections
Feb 7, 2025 11:19 AM

Feb 7 (Reuters) - AbbVie ( ABBV ) said that the U.S. Food and Drug Administration

approved its drug for complicated intra-abdominal infections on Friday.

AbbVie ( ABBV ) and co-developer Pfizer's ( PFE ) drug, Emblaveo, is approved in combination with an

antibiotic medication for patients 18 years and older with such infections.

Intra-abdominal infections (IAIs) are a group of infections that occur in the abdominal

cavity. They can range from uncomplicated appendicitis to more serious conditions where the

infection spreads from the pancreas.

AbbVie ( ABBV ) said the drug will be available for commercial use in the U.S. in the third quarter

of 2025.

AbbVie ( ABBV ) holds the rights to commercialize the therapy in the U.S. and Canada, with Pfizer ( PFE )

responsible for its commercialization in all other areas.

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 >
India consumer firms gear up to cash in on a sizzling summer
India consumer firms gear up to cash in on a sizzling summer
Apr 15, 2024
CHENNAI/BENGALURU, April 15 (Reuters) - Indian consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a hotter-than-usual summer season by cranking up output, launching new products and ramping up spending on marketing. The world's most populous nation expects 10 to 20 heatwave days, which it describes as temperatures hitting at least...
Temu likely to face tougher online content rules as EU users soar
Temu likely to face tougher online content rules as EU users soar
Apr 15, 2024
BRUSSELS, April 15 (Reuters) - PDD Group's fast-fashion e-commerce retailer Temu is likely to be subject to tough EU online content rules that already apply to Meta Platforms ( META ), Google, Elon Musk's X and TikTok after its average monthly users in Europe rose above a key threshold. Under the European Union's Digital Services Act (DSA), companies with more...
Group 1 Automotive to Acquire Dealership Network of Inchcape in the UK
Group 1 Automotive to Acquire Dealership Network of Inchcape in the UK
Apr 15, 2024
03:49 AM EDT, 04/15/2024 (MT Newswires) -- Group 1 Automotive ( GPI ) said Monday it agreed to acquire the UK retail automobile sales business and related real estate from a subsidiary of Inchcape for about 346 million British pounds ($439 million) in an all-cash deal, including 220 million pounds worth of appraised real estate properties. Group 1 already operates...
Encore Wire Agrees to Be Purchased by Prysmian for $290 per Share
Encore Wire Agrees to Be Purchased by Prysmian for $290 per Share
Apr 15, 2024
04:09 AM EDT, 04/15/2024 (MT Newswires) -- Encore Wire ( WIRE ) said Monday it has agreed to be acquired by Italian cabling firm Prysmian for $290 per share in cash. Encore Wire ( WIRE ) has a 35-day go-shop period during which it may solicit alternative acquisition proposals. The transaction represents a premium of about 20% to the 30-day...
Copyright 2023-2026 - www.financetom.com All Rights Reserved