AbbVie Announces Phase 3 SELECT-GCA Study Of Upadacitinib Results In Patients With Giant Cell Arteritis; In Combination With A 26-week Steroid Taper Regimen Achieved Its Primary Endpoint Of Sustained Remission; Key Secondary Endpoints Were Also Met
Portfolio Pulse from Benzinga Newsdesk
AbbVie announced positive results from the Phase 3 SELECT-GCA study of upadacitinib for treating giant cell arteritis (GCA), showing significant efficacy in achieving sustained remission compared to placebo. The study's safety profile was consistent with previous findings, with no new safety signals identified. Upadacitinib, if approved, could become the first oral treatment option for GCA, addressing a significant unmet medical need.
April 18, 2024 | 12:32 pm
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AbbVie's positive Phase 3 results for upadacitinib in treating GCA could significantly impact its stock. The potential approval and market entry of upadacitinib as the first oral treatment for GCA represent a notable advancement in AbbVie's portfolio.
The successful trial results of upadacitinib for GCA treatment not only highlight AbbVie's innovation in addressing unmet medical needs but also potentially open up a new market segment for the company. Given the lack of oral treatment options for GCA, upadacitinib's approval could lead to significant market penetration and revenue growth for AbbVie. The positive safety profile and efficacy data further bolster the case for regulatory approval, potentially making it a key growth driver for AbbVie in the short to medium term.
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