AbbVie Announces Positive Phase III Results
"While AbbVie is widely expected to be the second entrant to the soon-to-explode market for hepatitis C cocktail drugs after standard-bearer Gilead Sciences, promising data from latecomer Merck have analysts relegating the Illinois company to third place despite some excellent late-stage results.
At this week's International Liver Congress in London, AbbVie is trumpeting stellar Phase III results from its three-drug combination, which posted 12-week cure rates upward of 96% in patients with hard-to-treat genotype 1 hep C and in those who've already failed to derive a benefit from previous treatment. The results, published in The New England Journal of Medicine, are part of AbbVie's expansive late-stage program in which it tracked more than 2,300 patients, and the data will support an application for FDA approval expected this quarter."
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