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J&J rises about 1% after AbbVie myeloma drug 74% response

Johnson & Johnson rose roughly 1% to $277.955 Thursday afternoon after AbbVie’s experimental multiple-myeloma drug etentamig showed a 74% response rate, lowering the risk of disease progression or death.

JNJ

Johnson & Johnson NYSE:JNJ, the pharmaceutical and medical-technology powerhouse, rose roughly 1% to $277.955 Thursday afternoon.

Investors barely flinched after AbbVie's experimental multiple-myeloma drug, etentamig, produced a 74% response rate and lowered the risk of disease progression or death…