AbbVie Inc. (ABBV), Monday reported positive topline results from its Phase 3b/4 SELECT-SWITCH study comparing upadacitinib 15 mg once daily with adalimumab 40 mg every other week in adults with moderate to severe rheumatoid arthritis who had an inadequate response to another TNF inhibitor.
At week 12, the study's primary and most secondary endpoints were met, and no new safety risks were identified. By week 12, 43.3 percent of RINVOQ patients had low disease activity compared to 22.4 percent of HUMIRA patients, and 28.4 percent had remission compared to 14.5 percent, both of which were statistically significant.
ABBV is currently trading at $230.82, up $1.24 or 0.54 percent on the New York Stock Exchange.
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April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.