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AbbVie's Early Obesity Drug Data Shows Up To 10% Weight Loss
AbbVie’s shares fell on Monday after the company released promising early data from its Phase 1 study of ABBV-295, a long-acting amylin analog for obesity treatment. The drug showed dose-dependent weight reductions of up to 9.79% over 12 weeks and was generally well-tolerated. Despite the positive drug data, the stock experienced a slight dip, aligning with a broader market decline in the healthcare sector.