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AbbVie Receives Approval From European Commission For MAVIRET In Treating Hepatitis C

Regulation & LegislationHealthcare & BiotechProduct Launches

AbbVie received European Commission approval for MAVIRET, its antiviral drug for acute and chronic Hepatitis C. The regulatory clearance is a modest positive for the company’s European commercial prospects and reinforces the drug’s approved status in another major market. The news is material for AbbVie but likely limited in near-term share-price impact.

Analysis

AbbVie received European Commission approval for MAVIRET, its antiviral drug for acute and chronic Hepatitis C. The regulatory clearance is a modest positive for the company’s European commercial prospects and reinforces the drug’s approved status in another major market. The news is material for AbbVie but likely limited in near-term share-price impact.

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mildly positive

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ABBV0.45

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