AbbVie to Present Extensive Data from its Migraine Portfolio at the 2022 American Headache Society® Annual Scientific Meeting

  • Researchers to highlight positive results from the Phase 3 PROGRESS trial investigating atogepant (QULIPTA™) for the preventive treatment of chronic migraine
  • Breadth of research underscores AbbVie's leadership and commitment to people living with migraine and their individual needs

ABBVie (NYSE: ABBV) today announced it will present data from its migraine portfolio at the 2022 American Headache Society (AHS) Annual Scientific Meeting to be held in Denver June 9-12 . A total of 29 abstracts, including two oral presentations and one late-breaker presentation, will cover a wide range of studies across ABBVie's migraine portfolio, and highlight the company's newest migraine treatment, atogepant (QULIPTA).

"As the only pharmaceutical company that offers three products that span the spectrum of migraine treatment, which include preventive therapies for chronic and episodic migraine and an acute treatment for migraine attacks, AbbVie is pleased to present new data across its migraine portfolio," said Michael Gold , M.D., therapeutic area head, neuroscience development, AbbVie. "We continue to research potential new indications that may help more people living with this debilitating disease. Presenting robust data from our migraine portfolio demonstrates our commitment to people living with migraine and our goal of preserving personhood."

Researchers will present results from multiple migraine studies, including a late-breaker poster presentation about the Phase 3 PROGRESS trial investigating the use of atogepant for preventive treatment of chronic migraine. Data from this study will support a supplemental New Drug Application (sNDA) with the U.S. Food and Drug Administration for the expanded use of atogepant to include the preventive treatment of chronic migraine, potentially building on the current indication for the preventive treatment of episodic migraine. This research will support regulatory submissions globally as well.

Data also will be presented on ubrogepant (UBRELVY ® ) for acute treatment of migraine and onabotulinumtoxinA (BOTOX ® ) for the preventive treatment of chronic migraine. In addition, results from the Combining UbRogepAnt and Preventives for MiGrainE (COURAGE) study evaluating the real-world effectiveness of ubrogepant for the acute treatment of migraine when used in patients receiving onabotulinumtoxinA for the preventive treatment of chronic migraine will be presented.

AbbVie also will present interim U.S. results from the Chronic Migraine Epidemiology and Outcomes International (CaMEO-I) study focused on the use of preventive migraine treatment over the past decade in comparison to the number of preventive-eligible people with migraine who reported not currently using a preventive medication. Further study results from CaMEO-I will be shared, including U.S. interim results characterizing the pre- and post-headache phases of migraine, neck pain in migraine, and examining chronic migraine epidemiology and outcomes.

In addition, a retrospective claims database analysis will be presented. This study evaluated the impact of step therapy requirements on direct costs among people living with chronic migraine within the Medicare fee-for-service population.

Key AbbVie abstracts and presentation details for the 2022 AHS Annual Scientific Meeting are outlined below.

Abstract Title

Presentation Details

All Times MDT

Atogepant


Post-hoc Analysis Evaluating Safety of Atogepant in ADVANCE & Open-
Label Extension Participants with Cardiovascular Risk Factors

Poster (P-137)

Friday, June 10

1:30 – 2:30 PM

Safety and Tolerability of Atogepant: A Post Hoc Analysis of Pooled Data
From Four Clinical Trials

Poster (P-141)

Friday, June 10

1:30 – 2:30 PM

Decrease in Body Weight With Once-Daily Atogepant for the Preventive
Treatment of Migraine: A Post Hoc Analysis

Oral Presentation

Saturday, June 11

7:30 am – 9:30 am

Effect of High Fat Meal on the Pharmacokinetics of an Immediate Release
Atogepant Tablet

Poster (P-118)

Saturday, June 11

1:00 – 2:15 PM

Effects of CYP3A4 inhibition/induction, and OATP inhibition on the
pharmacokinetics of atogepant in healthy adults: Two phase 1, open-label,
fixed-sequence, single-center, crossover trials

Poster (P-120)

Saturday, June 11

1:00 – 2:15 PM

Monthly Migraine Days, Acute Medication Use Days, and Migraine-Specific
Quality of Life in Responders to Atogepant: A Post Hoc Analysis

Poster (P-182)

Saturday, June 11

1:00 – 2:15 PM

Evaluation of the Pharmacokinetic Interaction and Safety of Coadministered
Atogepant and Topiramate

Poster (P-172)

Saturday, June 11

1:00 – 2:15 PM

Sustained Response to Atogepant in Individuals with Episodic Migraine:
Post Hoc Analyses of 12- and 52-Week Phase 3 Trials

Poster

Saturday, June 11

1:00 – 2:15 PM

Subsequent Response to Atogepant in Individuals with Episodic Migraine
after an Initial Inadequate Response: Post Hoc Analysis of a 12-week Phase
3 Trial

Poster (P-200)

Saturday, June 11

1:00 – 2:15 PM

Atogepant for the Preventive Treatment of Chronic Migraine: Results From
the PROGRESS Phase 3 Trial

Poster (LB-P-04)

Saturday, June 11

1:00 – 2:15 PM

Ubrogepant


Real-World Effectiveness of Ubrogepant Among Participants with Prior
Treatment Failure: Subgroup Analysis from the UNIVERSE Study

Poster (P-139)

Friday, June 10

1:30 – 2:30 PM

Within-Person Consistency of Acute Treatment Success With Ubrogepant:
Results From a Long-term Safety Study

Poster (P-208)

Saturday, June 11

1:00 – 2:15 PM

Participant-Reported Normal Function and Satisfaction are Maintained with
Long-Term Intermittent Use of Ubrogepant

Poster (P-134)

Saturday, June 11

1:00 – 2:15 PM

Real-World Effectiveness of Ubrogepant for the Acute Treatment of Migraine
in Combination with OnabotulinumtoxinA Preventive: Results from the
COURAGE Study

Poster (P-190)

Saturday, June 11

1:00 – 2:15 PM

Treatment Satisfaction and Optimization with Real-World Use of Ubrogepant
for the Acute Treatment of Migraine in Combination with
OnabotulinumtoxinA Preventive: Results from the COURAGE Study

Poster (P-147)

Saturday, June 11

1:00 – 2:15 PM

Within-Person Analysis of Ubrogepant Treatment of Mild Versus Moderate-
Severe Headache Pain during a Phase 3 Long-Term Safety Extension Trial

Poster (P-148)

Saturday, June 11

1:00 – 2:15 PM

OnabotulinumtoxinA


Real-World Persistence Rates for OnabotulinumtoxinA versus CGRP mAbs
Among Patients With Chronic Migraine: An Analysis of Electronic Health
Record Data

Poster (P-93)

Friday, June 10

1:30 – 2:30 PM

Real-World Persistence and Costs Among Patients with Chronic Migraine
Treated With OnabotulinumtoxinA or CGRP mAbs: A Retrospective Claims
Analysis Study

Poster (P-92)

Saturday, June 11

1:00 – 2:15 PM

Evaluation of PREEMPT fixed-dose, fixed-site and follow the pain treatment
paradigms in the PREDICT Study

Poster (P-171)

Friday, June 10

1:30 – 2:30 PM

Impact of Step Therapy for Chronic Migraine on Pharmacy Costs and
Healthcare Resource Utilization

Poster (P-79)

Friday, June 10

1:30 – 2:30 PM

M igraine disease


Impact of Monthly Headache Days on Migraine-Related Quality of Life:
Results From the CaMEO Study

Poster (P-21)

Friday, June 10

1:30 – 2:30 PM

The Association Between Preventive Treatment Failure and Quality of Life
and Functioning Among Individuals with Low- and Moderate- to High-
Frequency Episodic Migraine

Poster (P-98)

Saturday, June 11

1:00 – 2:15 PM

Characterizing Preventive Treatment Gaps in Migraine: Interim Results From
the CaMEO-International Study United States Sample

Oral Presentation

Saturday, June 11

7:30 am – 9:30 am

Healthcare Resource Utilization and Costs in Low- and Moderate- to High-
Frequency Episodic Migraine: Association with Preventive Treatment Failure

Poster (P-76)

Saturday, June 11

1:00 – 2:15 PM

Characterizing the Pre- and Post-Headache Phases of Migraine: Interim
Results From the CaMEO-International Study (US Sample)

Poster (P-11)

Friday, June 10

1:30 – 2:30 PM

Characterizing Pre-Headache (Prodrome) Features of Migraine Attacks:
Results From the CaMEO Study

Poster (P-10)

Friday, June 10

1:30 – 2:30 PM

Relative Frequency, Healthcare Resource Utilization, and Costs of
Diagnosed Drug-Induced Headache and Potential Acute Medication
Overuse in Patients with Migraine

Poster (P-96)

Saturday, June 11

1:00 – 2:15 PM

Chronic Migraine Epidemiology and Outcomes – International (CaMEO-I)
Study: Methods and Interim US Findings for Gender and Changes in
Diagnosis Rates Over Nearly a Decade

Poster (P-43)

Friday, June 10

1:30 – 2:30 PM

Characterizing Neck Pain in Migraine: Interim Results From the CaMEO-I
Study United States Sample

Poster (P-42)

Saturday, June 11

1:00 – 2:15 PM

The 2022 AHS Annual Scientific Session agenda can be found here .

About QULIPTA™ (atogepant)

QULIPTA™, which was approved by the U.S. Food and Drug Administration (FDA) in September 2021 , is available in the United States as the first and only oral calcitonin gene-related peptide (CGRP) receptor antagonist (gepant) specifically developed for the preventive treatment of episodic migraine. CGRP and its receptors are expressed in regions of the nervous system associated with migraine pathophysiology, and studies have shown that CGRP levels are elevated during migraine attacks. QULIPTA blocks CGRP through a once-daily dose and is available in three strengths – 10 mg, 30 mg and 60 mg.

QULIPTA™ USE AND U.S. IMPORTANT SAFETY INFORMATION

QULIPTA is a prescription medicine used for the preventive treatment of episodic migraine in adults.

Before taking QULIPTA, tell your healthcare provider about all your medical conditions, including if you:

  • Have kidney problems or are on dialysis
  • Have liver problems
  • Are pregnant or plan to become pregnant. It is not known if QULIPTA will harm your unborn baby
  • Are breastfeeding or plan to breastfeed. It is not known if QULIPTA passes into your breast milk. Talk to your healthcare provider about the best way to feed your baby while taking QULIPTA

Tell your healthcare provider about all the medicines you take , including prescription and over-the-counter medicines, vitamins, and herbal supplements. QULIPTA may affect the way other medicines work, and other medicines may affect how QULIPTA works. Your healthcare provider may need to change the dose of QULIPTA when taken with certain other medicines.

The most common side effects of QULIPTA are nausea, constipation, and fatigue. These are not all the possible side effects of QULIPTA.

Please see full Prescribing Information .

Globally, prescribing information varies; refer to the individual country product label for complete information.

You are encouraged to report negative side effects of prescription drugs to the FDA.
Visit   www.   fda.gov/medwatch or call 1-800-FDA-1088.

If you are having difficulty paying for your medicine, AbbVie may be able to help.
Visit AbbVie.com/myAbbVieAssist to learn more.

About UBRELVY ® (ubrogepant)

UBRELVY ® is an orally administered calcitonin gene-related peptide (CGRP) receptor antagonist (gepant) for the acute treatment of migraine with or without aura in adults that is an option for a wide range of patients who experience migraine attacks. UBRELVY ® is the first pill of its kind to directly block CGRP, a protein released during a migraine attack, from binding to its receptors.

UBRELVY ® USE AND U.S. IMPORTANT SAFETY INFORMATION
UBRELVY ® is a prescription medicine used for the acute treatment of migraine attacks with or without aura in adults. UBRELVY® is not used to prevent migraine headaches.

Who should not take UBRELVY ® (ubrogepant)?
Do not take UBRELVY ® if you are taking medicines known as strong CYP3A4 inhibitors, such as ketoconazole, clarithromycin, or itraconazole.

What should I tell my healthcare provider before taking UBRELVY ® ?
Tell your healthcare provider about all your medical conditions, including if you:

  • Have liver problems
  • Have kidney problems
  • Are pregnant or plan to become pregnant
  • Are breastfeeding or plan to breastfeed

Tell your healthcare provider about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. Your healthcare provider can tell you if it is safe to take UBRELVY ® with other medicines.

What are the most common side effects of UBRELVY ® ?

The most common side effects are nausea (4%) and sleepiness (3%). These are not all of the possible side effects of UBRELVY ® .

Please see full Prescribing Information .

Globally, prescribing information varies; refer to the individual country product label for complete information.

You are encouraged to report negative side effects of prescription drugs to the FDA.
Visit   www.   fda.gov/medwatch or call 1-800-FDA-1088.

If you are having difficulty paying for your medicine, AbbVie may be able to help.
Visit AbbVie.com/myAbbVieAssist to learn more.

About BOTOX ® (onabotulinumtoxinA)

BOTOX ® was first approved by the FDA in 1989 for two rare eye muscle disorders – blepharospasm and strabismus in adults. Today, BOTOX ® is FDA-approved for 12 therapeutic indications, including chronic migraine, overactive bladder, leakage of urine (incontinence) due to overactive bladder caused by a neurologic condition in adults and in pediatric patients five years of age and older, cervical dystonia, adult and pediatric spasticity, and severe underarm sweating (axillary hyperhidrosis).

BOTOX ® (onabotulinumtoxinA) U.S. Important Information

Indications
BOTOX ® is a prescription medicine that is injected into muscles and used:

  • To treat overactive bladder symptoms such as a strong need to urinate with leaking or wetting accidents (urge urinary incontinence), a strong need to urinate right away (urgency), and urinating often (frequency) in adults 18 years and older when another type of medicine (anticholinergic) does not work well enough or cannot be taken
  • To treat leakage of urine (incontinence) in adults 18 years and older with overactive bladder caused by a neurologic disease who still have leakage or cannot tolerate the side effects after trying an anticholinergic medication
  • To treat overactive bladder due to a neurologic disease in children 5 years of age and older when another type of medicine (anticholinergic) does not work well enough or cannot be taken
  • To prevent headaches in adults with chronic migraine who have 15 or more days each month with headache lasting 4 or more hours each day in people 18 years or older
  • To treat increased muscle stiffness in people 2 years of age and older with spasticity
  • To treat the abnormal head position and neck pain that happens with cervical dystonia (CD) in people 16 years and older
  • To treat certain types of eye muscle problems (strabismus) or abnormal spasm of the eyelids (blepharospasm) in people 12 years of age and older

BOTOX ® is also injected into the skin to treat the symptoms of severe underarm sweating (severe primary axillary hyperhidrosis) when medicines used on the skin (topical) do not work well enough in people 18 years and older.

It is not known whether BOTOX ® is safe and effective to prevent headaches in patients with migraine who have 14 or fewer headache days each month (episodic migraine).

BOTOX ® has not been shown to help people perform task-specific functions with their upper limbs or increase movement in joints that are permanently fixed in position by stiff muscles.

It is not known whether BOTOX ® is safe and effective for severe sweating anywhere other than your armpits.

U.S. IMPORTANT SAFETY INFORMATION

BOTOX ® may cause serious side effects that can be life threatening. Get medical help right away if you have any of these problems any time (hours to weeks) after injection of BOTOX ® :

  • Problems swallowing, speaking, or breathing, due to weakening of associated muscles, can be severe and result in loss of life. You are at the highest risk if these problems are pre-existing before injection. Swallowing problems may last for several months
  • Spread of toxin effects. The effect of botulinum toxin may affect areas away from the injection site and cause serious symptoms including: loss of strength and all-over muscle weakness, double vision, blurred vision and drooping eyelids, hoarseness or change or loss of voice, trouble saying words clearly, loss of bladder control, trouble breathing, and trouble swallowing

There has not been a confirmed serious case of spread of toxin effect away from the injection site when BOTOX ® has been used at the recommended dose to treat chronic migraine, severe underarm sweating, blepharospasm, or strabismus.

BOTOX ® may cause loss of strength or general muscle weakness, vision problems, or dizziness within hours to weeks of taking BOTOX ® . If this happens, do not drive a car, operate machinery, or do other dangerous activities.

Do not receive BOTOX ® if you: are allergic to any of the ingredients in BOTOX ® (see Medication Guide for ingredients); had an allergic reaction to any other botulinum toxin product such as Myobloc ® (rimabotulinumtoxinB), Dysport ® (abobotulinumtoxinA), or Xeomin ® (incobotulinumtoxinA); have a skin infection at the planned injection site.

Do not receive BOTOX ® for the treatment of urinary incontinence if you: have a urinary tract infection (UTI) or cannot empty your bladder on your own and are not routinely catheterizing. Due to the risk of urinary retention (not being able to empty the bladder), only patients who are willing and able to initiate catheterization post treatment, if required, should be considered for treatment.

Patients treated for overactive bladder:
In clinical trials, 36 of the 552 patients had to self-catheterize for urinary retention following treatment with BOTOX ® compared to 2 of the 542 treated with placebo. The median duration of post-injection catheterization for these patients treated with BOTOX ® 100 Units (n = 36) was 63 days (minimum 1 day to maximum 214 days) as compared to a median duration of 11 days (minimum 3 days to maximum 18 days) for patients receiving placebo (n = 2). Patients with diabetes mellitus treated with BOTOX ® were more likely to develop urinary retention than nondiabetics.

Adult Patients treated for overactive bladder due to neurologic disease:
In clinical trials, 30.6% of patients (33/108) who were not using clean intermittent catheterization (CIC) prior to injection, required catheterization for urinary retention following treatment with BOTOX ® 200 Units as compared to 6.7% of patients (7/104) treated with placebo. The median duration of post-injection catheterization for these patients treated with BOTOX ® 200 Units (n = 33) was 289 days (minimum 1 day to maximum 530 days) as compared to a median duration of 358 days (minimum 2 days to maximum 379 days) for patients receiving placebo (n = 7). Among patients not using CIC at baseline, those with MS were more likely to require CIC post injection than those with SCI.

The dose of BOTOX ® is not the same as, or comparable to, another botulinum toxin product.

Serious and/or immediate allergic reactions have been reported , including itching, rash, red itchy welts, wheezing, asthma symptoms, dizziness, or feeling faint. Get medical help right away if you experience symptoms; further injection of BOTOX ® should be discontinued.

Tell your doctor about all your muscle or nerve conditions , such as ALS or Lou Gehrig's disease, myasthenia gravis, or Lambert- Eaton syndrome, as you may be at increased risk of serious side effects, including difficulty swallowing and difficulty breathing from typical doses of BOTOX ® .

Tell your doctor if you have any breathing-related problems. Your doctor may monitor you for breathing problems during treatment with BOTOX ® for spasticity or for detrusor overactivity associated with a neurologic condition. The risk of developing lung disease in patients with reduced lung function is increased in patients receiving BOTOX ® .

Cornea problems have been reported. Cornea (surface of the eye) problems have been reported in some people receiving BOTOX ® for their blepharospasm, especially in people with certain nerve disorders. BOTOX ® may cause the eyelids to blink less, which could lead to the surface of the eye being exposed to air more than is usual. Tell your doctor if you experience any problems with your eyes while receiving BOTOX ® . Your doctor may treat your eyes with drops, ointments, contact lenses, or with an eye patch.

Bleeding behind the eye has been reported. Bleeding behind the eyeball has been reported in some people receiving BOTOX ® for their strabismus. Tell your doctor if you notice any new visual problems while receiving BOTOX ® .

Bronchitis and upper respiratory tract infections (common colds) have been reported. Bronchitis was reported more frequently in adults receiving BOTOX ® for upper limb spasticity. Upper respiratory infections were also reported more frequently in adults with prior breathing-related problems with spasticity. In pediatric patients treated with BOTOX ® for upper limb spasticity, upper respiratory tract infections were reported more frequently. In pediatric patients treated with BOTOX ® for lower limb spasticity, upper respiratory tract infections were not reported more frequently than placebo.

Autonomic dysreflexia in patients treated for overactive bladder due to neurologic disease. Autonomic dysreflexia associated with intradetrusor injections of BOTOX ® could occur in patients treated for detrusor overactivity associated with a neurologic condition and may require prompt medical therapy. In clinical trials, the incidence of autonomic dysreflexia was greater in adult patients treated with BOTOX ® 200 Units compared with placebo (1.5% versus 0.4%, respectively).

Tell your doctor about all your medical conditions, including if you: have or have had bleeding problems; have plans to have surgery; had surgery on your face; weakness of forehead muscles; trouble raising your eyebrows; drooping eyelids; any other abnormal facial change; have symptoms of a urinary tract infection (UTI) and are being treated for urinary incontinence (symptoms of a urinary tract infection may include pain or burning with urination, frequent urination, or fever); have problems emptying your bladder on your own and are being treated for urinary incontinence; are pregnant or plan to become pregnant (it is not known if BOTOX ® can harm your unborn baby); are breastfeeding or plan to (it is not known if BOTOX ® passes into breast milk).

Tell your doctor about all the medicines you take, including prescription and over-the-counter medicines, vitamins, and herbal supplements. Using BOTOX ® with certain other medicines may cause serious side effects. Do not start any new medicines until you have told your doctor that you have received BOTOX ® in the past.

Tell your doctor if you received any other botulinum toxin product in the last 4 months; have received injections of botulinum toxin such as Myobloc ® , Dysport ® , or Xeomin ® in the past (tell your doctor exactly which product you received); have recently received an antibiotic by injection; take muscle relaxants; take an allergy or cold medicine; take a sleep medicine; take aspirin-like products or blood thinners.

Other side effects of BOTOX ® include: dry mouth, discomfort or pain at the injection site, tiredness, headache, neck pain, eye problems: double vision, blurred vision, decreased eyesight, drooping eyelids, swelling of your eyelids, dry eyes; drooping eyebrows; and upper respiratory tract infection. In adults being treated for urinary incontinence, other side effects include urinary tract infection and painful urination. In children being treated for urinary incontinence, other side effects include urinary tract infection and bacteria in the urine. If you have difficulty fully emptying your bladder on your own after receiving BOTOX ® , you may need to use disposable self-catheters to empty your bladder up to a few times each day until your bladder is able to start emptying again.

For more information refer to the Medication Guide or talk with your doctor.

Please see BOTOX ® full Product Information , including Boxed Warning and Medication Guide .
Globally, prescribing information varies; refer to the individual country product label for complete information.

You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088.

If you are having difficulty paying for your medicine, AbbVie may be able to help.
Visit AbbVie.com/myAbbVieAssist to learn more.

About AbbVie in Migraine

At AbbVie, we are committed to empowering people living with migraine disease. We advance science that enables health care providers to care for people impacted across the spectrum of migraine. Through education and partnerships with the migraine community, we strive to help those with migraine navigate barriers to care, access effective treatments and reduce the impact of migraine on their lives.

About AbbVie in Neuroscience

At AbbVie, our commitment to preserve the personhood of those living with neurological and psychiatric disorders is unwavering. Every challenge in this uncharted territory makes us more determined and drives us harder to discover and deliver solutions for patients, care partners and clinicians. AbbVie's Neuroscience portfolio consists of approved therapies in neurological and psychiatric disorders including bipolar I disorder, cervical dystonia, major depressive disorder, migraine, Parkinson's disease, post-stroke spasticity, schizophrenia, and others along with a robust pipeline.

We have a strong investment in neuroscience research, with our Foundational Neuroscience Center in Cambridge, Massachusetts , and our Neuroscience Discovery site in Ludwigshafen, Germany , where our research and resilience in these challenging therapeutic areas is yielding a deeper understanding of the pathophysiology of neurological and psychiatric disorders and identifying targets for potential disease-modifying therapeutics aimed at making a difference in people's lives.

About AbbVie

AbbVie's mission is to discover and deliver innovative medicines that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, women's health and gastroenterology, in addition to products and services across our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com . Follow @abbvie on Twitter , Facebook , Instagram , YouTube and LinkedIn .

Forward-Looking Statements

Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements. Such risks and uncertainties include, but are not limited to, failure to realize the expected benefits from AbbVie's acquisition of Allergan plc ("Allergan"), failure to promptly and effectively integrate Allergan's businesses, competition from other products, challenges to intellectual property, difficulties inherent in the research and development process, adverse litigation or government action, changes to laws and regulations applicable to our industry and the impact of public health outbreaks, epidemics or pandemics, such as COVID-19. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie's operations is set forth in Item 1A, "Risk Factors," of AbbVie's 2021 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission, as updated by its subsequent Quarterly Reports on Form 10-Q. AbbVie undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law.

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SOURCE AbbVie

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action (MOA) which did not cause broad and prolonged immune cell
depletion.”
The CHMP positive opinion is now referred to the European Commission
(EC), which grants marketing authorizations for centrally authorized
medicines in the European Union. A decision from the EC is expected
within the coming months.
Together with Biogen, AbbVie is committed to meeting the needs of
patients with MS, and the positive opinion issued by the CHMP is a
critical step that moves us closer to bringing ZINBRYTA to patients in
Europe,” said Michael Severino, M.D., executive vice president, research
and development and chief scientific officer, AbbVie.
According to the CHMP opinion, the benefits of ZINBRYTA are its ability
to reduce the annualized relapse rate (ARR), as well as the risk of
24-week confirmed disability progression. The opinion is based on
results from two clinical trials, DECIDE and SELECT, in which ZINBRYTA
150 mg, administered subcutaneously every four weeks improved results on
key measures of MS disease activity in patients with RMS compared to
AVONEX 30 mcg intramuscular injection administered weekly and placebo,
respectively.
In the DECIDE study, the overall incidence of adverse events was similar
in the ZINBRYTA and AVONEX groups. In patients treated with ZINBRYTA
compared to AVONEX, there was an increased incidence of serious
infections (4% versus 2%), serious cutaneous reactions (2% versus <1%),
elevations of liver transaminases greater than five times the upper
limit of normal (6% versus 3%), gastrointestinal disorders (31% versus
24%), and depression (8% versus 6%).
About ZINBRYTA™ (daclizumab)
ZINBRYTA (daclizumab) is an investigational compound being developed for
the treatment of relapsing forms of MS. ZINBRYTA is a new form of a
humanized monoclonal antibody that selectively binds to the
high-affinity interleukin-2 (IL-2) receptor subunit (CD25) that is
expressed at high levels on T-cells that become activated in people with
MS. ZINBRYTA modulates IL-2 signaling without general immune cell
depletion.
Biogen and AbbVie are jointly developing ZINBRYTA.
About Biogen
Through cutting-edge science and medicine, Biogen discovers, develops
and delivers worldwide innovative therapies for people living with
serious neurological, autoimmune and rare diseases. Founded in 1978,
Biogen is one of the world’s oldest independent biotechnology companies
and patients worldwide benefit from its leading multiple sclerosis and
innovative hemophilia therapies. For more information, please visit www.biogen.com.
Follow us on Twitter.
Biogen Safe Harbor
This press release contains forward-looking statements, including
statements about the anticipated timing of the EC’s decision on the
marketing authorization for ZINBRYTA, and potential impact of ZINBRYTA,
if approved. These statements may be identified by words such as
“believe,” “expect,” “may,” “potential,” “will” and similar expressions,
and are based on our current beliefs and expectations. You should not
place undue reliance on these statements. Drug development and
commercialization involve a high degree of risk. Factors which could
cause actual results to differ materially from our current expectations
include the risk that the EC may fail to approve or may delay approval
of ZINBRYTA or may not follow the recommendation of the CHMP,
uncertainty of success in commercialization of ZINBRYTA For more
detailed information on the risks and uncertainties associated with our
drug development and commercialization activities and risks relating to
our collaborations with third parties, please review the Risk Factors
section of our most recent annual or quarterly report filed with the
Securities and Exchange Commission. Any forward-looking statements speak
only as of the date of this press release and we assume no obligation to
update any forward-looking statements, whether as a result of new
information, future events or otherwise.
About AbbVie
AbbVie is a global, research-based biopharmaceutical company formed in
2013 following separation from Abbott Laboratories. The company’s
mission is to use its expertise, dedicated people and unique approach to
innovation to develop and market advanced therapies that address some of
the world’s most complex and serious diseases. Together with its
wholly-owned subsidiary, Pharmacyclics, AbbVie employs more than 28,000
people worldwide and markets medicines in more than 170 countries. For
further information on the company and its people, portfolio and
commitments, please visit www.abbvie.com.
Follow @abbvie on
Twitter or view careers on our Facebook or LinkedIn
page.
Forward-Looking Statements
Some statements in this news release may be forward-looking statements
for purposes of the Private Securities Litigation Reform Act of 1995.
The words “believe,” “expect,” “anticipate,” “project” and similar
expressions, among others, generally identify forward-looking
statements. AbbVie cautions that these forward-looking statements are
subject to risks and uncertainties that may cause actual results to
differ materially from those indicated in the forward-looking
statements. Such risks and uncertainties include, but are not limited
to, challenges to intellectual property, competition from other
products, difficulties inherent in the research and development process,
adverse litigation or government action, and changes to laws and
regulations applicable to our industry.
Additional information about the economic, competitive, governmental,
technological and other factors that may affect AbbVie’s operations is
set forth in Item 1A, “Risk Factors,” in AbbVie’s 2014 Annual Report on
Form 10-K, which has been filed with the Securities and Exchange
Commission. AbbVie undertakes no obligation to release publicly any
revisions to forward-looking statements as a result of subsequent events
or developments, except as required by law.

Enbrel Biosimilar Marks Victory for Merck and Samsung

The biosimilar alliance between Merck (NYSE:MRK) and Samsung Bioepis appears to have paid off, as the companies have won South Korean approval for their copy of Amgen’s (NASDAQ:AMGN) blockbuster drug Enbrel.
According to Fierce Biotech:

Korea’s Ministry of Food and Drug Safety signed off on the injection, to be marketed as Brenzys, to treat rheumatoid arthritis, psoriatic arthritis, spondyloarthritis and psoriasis in adults. The biosimilar, developed as SB4, proved itself equivalent to Amgen’s cash cow in a 596-patient study disclosed this year, reducing symptoms of rheumatoid arthritis on pace with its reference product, according to Merck and Samsung.
Brenzys’ approval marks the first marketing victory for the two companies, a milestone Merck hopes will be a harbinger of future success in biosimilars.
The approval could also have major implications for Samsung Bioepis, long rumored to be considering a U.S. IPO. Details of the company’s Wall Street plans have been tricking out for months, and The Wall Street Journal reported in August that Samsung is planning a $1 billion debut offering for its biologics division, valuing the company at about $7 billion.
Samsung Bioepis, a joint venture with Biogen ($BIIB) that is 85% owned by the South Korean company, joined forces with Merck in 2013 in a wide-ranging deal designed to crack the growing market for off-patent biological treatments. Beyond Enbrel, the pair are working on copies of the similar Humira from AbbVie ($ABBV) and Remicade from Johnson & Johnson ($JNJ). The companies are also developing biosimilars of Sanofi’s ($SNY) blockbuster insulin Lantus and Roche’s ($RHHBY) cancer treatment Herceptin.

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Top 3 Canadian Biotech Stocks of 2024

Biotech is a dynamic industry that is driving scientific advancements and innovation in healthcare.

According to Grandview Research, the global biotech market was worth US$1.55 trillion in 2023, and the firm expects it to grow at a CAGR of 13.96 percent between 2024 and 2030 to reach a value of US$3.08 trillion.

In Canada, the biotech industry is home to companies pursuing cutting-edge therapies and medical technologies, and the Investing News Network has identified the top three biotech stocks based on their year-on-year gains.

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AMGEN REPORTS SECOND QUARTER 2024 FINANCIAL RESULTS

Amgen (NASDAQ: AMGN) today announced financial results for the second quarter 2024.

"With a strong, balanced portfolio of in-market products and a rapidly advancing pipeline of innovative medicines, we are confident in our ability to deliver attractive long-term growth," said Robert A. Bradway , chairman and chief executive officer.

News Provided by PR Newswire via QuoteMedia

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AMGEN ANNOUNCES 2024 THIRD QUARTER DIVIDEND

Amgen (NASDAQ:AMGN) today announced that its Board of Directors declared a $2.25 per share dividend for the third quarter of 2024. The dividend will be paid on September 6, 2024 to all stockholders of record as of the close of business on August 16, 2024 .

About Amgen
Amgen discovers, develops, manufactures and delivers innovative medicines to help millions of patients in their fight against some of the world's toughest diseases. More than 40 years ago, Amgen helped to establish the biotechnology industry and remains on the cutting-edge of innovation, using technology and human genetic data to push beyond what's known today. Amgen is advancing a broad and deep pipeline that builds on its existing portfolio of medicines to treat cancer, heart disease, osteoporosis, inflammatory diseases and rare diseases.

News Provided by PR Newswire via QuoteMedia

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AMGEN ANNOUNCES WEBCAST OF 2024 SECOND QUARTER FINANCIAL RESULTS

Amgen (NASDAQ:AMGN) today announced that it will report its second quarter 2024 financial results on Tuesday, August 6, 2024 after the close of the U.S. financial markets. The announcement will be followed by a conference call with the investment community at 4:30 p.m. ET . Participating in the call from Amgen will be Robert A. Bradway chairman and chief executive officer, and other members of Amgen's senior management team.

Live audio of the conference call will be simultaneously broadcast over the internet and will be available to members of the news media, investors and the general public.

News Provided by PR Newswire via QuoteMedia

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