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Share Name | Share Symbol | Market | Type |
---|---|---|---|
AbbVie Inc | NYSE:ABBV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
2.98 | 1.85% | 163.79 | 164.25 | 160.74 | 161.85 | 5,850,104 | 01:00:00 |
By Colin Kellaher
Bristol Myers Squibb Co. Monday said a phase 3 study evaluating the addition of Empliciti to Revlimid and dexamethasone in newly diagnosed, untreated multiple myeloma missed its primary endpoint.
The New York biopharmaceutical company said the combination didn't show a statistically significant improvement in progression-free survival compared with Revlimid and dexamethasone alone in patients with newly diagnosed, previously untreated multiple myeloma who are transplant ineligible.
Bristol Myers said that while the study didn't meet its primary endpoint in previously untreated, transplant-ineligible patients with the blood cancer, the Empliciti, Revlimid and dexamethasone combination remains a standard treatment for patients with relapsed/refractory multiple myeloma,
Bristol Myers and AbbVie Inc. are co-developing Empliciti, with Bristol Myers solely responsible for commercial activities.
Bristol-Myers said it will complete a full evaluation of the study data and work with investigators to present the results at a future medical meeting.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
March 09, 2020 07:28 ET (11:28 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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