AbbVie Gets EU Approval for Tepkinly in Follicular Lymphoma
AbbVie (ABBV) received European Commission marketing authorization for Tepkinly plus lenalidomide and rituximab in relapsed or refractory follicular lymphoma, the first chemotherapy-free bispecific-based regimen for second-line treatment. The stock has returned 12.07% over 30 days and 20.35% over 90 days.
Key Numbers
AbbVie (ABBV) received European Commission marketing authorization for Tepkinly plus lenalidomide and rituximab in relapsed or refractory follicular lymphoma, the first chemotherapy-free bispecific-based regimen for second-line treatment.
The Product
Tepkinly is a bispecific antibody targeting CD20 and CD3, activating T-cells to attack cancer cells. It is administered with lenalidomide and rituximab for patients who have received prior therapy.
Pricing and Availability
AbbVie has not disclosed pricing for Tepkinly yet. It is expected to be available in European markets in the coming months following approval.
Competition
Tepkinly competes with Roche's Mosunetuzumab (Lunsumio) and Glofitamab. However, being the first chemotherapy-free regimen for second-line treatment may give it a competitive edge.
Potential Impact on AbbVie
Tepkinly is expected to bolster AbbVie's oncology portfolio, especially as Humira faces patent expiration. The stock has risen 12.07% in 30 days and 20.35% in 90 days, reflecting investor optimism.
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