澳洲幸运5开奖号码历史查询

AbbVie Stock Sinks After Schizophrenia Drug Trials Disappoint

By
澳洲幸运5开奖号码历史查询:Aaron Rennie
Aaron Rennie
澳洲幸运5开奖号码历史查询:Full Bio
A former Senior Publishing Editor on the Dow Jones Newswires team at The Wall Street Journal, Aaron earned a Bachelor's degree in Economics from the University of Michigan and a Master's in Journalism from Columbia University.
Learn about our 澳洲幸运5开奖号码历史查询:editorial policies
Published November 11, 2024
12:18 PM EST
AbbVie Inc. logo is displayed on a smartphone with a S&P index website background

Alvin Chan / SOPA Ima🐼ges / LightRocket via Getty Images

Key Takeaways

  • Shares of AbbVie plummeted Monday after the company said its schizophrenia drug Emraclidine missed key goals in a pair of trials.
    Abbvie said the trials did not show a statistically significant improvement in symptoms compared with the placebo group at week 6.
  • Meanwhile, shares of Bristol Myers Squibb, makers of recently approved schizophrenia treatment Cobenfy, soared 12%.

Shares of AbbVie (ABBV) plummeted Monday after the company said its schizophrenia drug Emraclidine missed key goals in a pair of 澳洲幸运5开奖号码历史查询:Phase 2 clinical trials.

AbbVie said the trials did not show💞 a statistically significant improvement in symptoms compared with the placebo group at week 6.

"While we are disappointed with the results, we are continuing to analyze the data to determine next steps," AbbVie Chief Scientific Officer Dr. Roopal Thakkar said.

Abbvie's shares were recently down 12%. Meanwhile, shares of Bristol Myers Squibb (BMY), makers of 澳洲幸运5开奖号码历史查询:recent🤡ly approved schizophrenia treatment Cobenfy, soared 12%.

AbbVie shares are up about 13% 🅰this ye꧑ar, while those of Bristol Myers Squibb have risen 18%.

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