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AbbVie's Positive Phase 3 Results for RINVOQ in Alopecia Areata Study Boosts Share Price
ByAinvest
Thursday, Aug 21, 2025 2:25 pm ET1min read
AbbVie recently announced positive results from pivotal studies for its drug upadacitinib, targeting severe alopecia areata. The company's share price increased by 15% over the last quarter, coinciding with broader product announcements and a strategic dividend declaration. Analysts predict revenue growth of 7.7% annually over the next three years, and the stock appears to be trading slightly below expectations, signifying potential future appreciation. However, AbbVie's activities added weight to the broader market's 1.5% decline in recent days.
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