AbbVie (NYSE:ABBV) Receives FDA Approval For RINVOQ In Treating Giant Cell Arteritis
AbbVie (NYSE:ABBV) recently secured FDA approval for RINVOQ to treat giant cell arteritis, which alongside a biologics license application for TrenibotE, underscored the company's focus on innovation. Despite a 13% rise in its share price over the past week, AbbVie's gains were in line with the broader market's 7% climb, suggesting these product developments and positive sales growth added weight to the general upward momentum. Meanwhile, the broader market's reaction to strong earnings...