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AbbVie reports 74% response rate for Etentamig in pivotal trial

AbbVie said Etentamig delivered a 74% overall response rate in a pivotal blood-cancer trial, while standard treatments managed 45.7%. Shares were priced at $260.445.

ABBV

AbbVie NYSE:ABBV, the pharmaceutical and biotechnology giant, put its cancer pipeline squarely on investors' radar Thursday, with shares priced at $260.445.

Etentamig produced a 74% overall response rate in a pivotal blood-cancer trial.

Standard treatments managed 45.7%.

That is a massive 28.3-perc…