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One platform for global traditional assets
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AbbVie (ABBV) Seeks FDA Approval for Skyrizi in Crohn's Disease Treatment
AbbVie (ABBV) has submitted a request to the U.S. FDA for approval of Skyrizi as a subcutaneous induction therapy for adults with moderately to severely active Crohn’s disease. This move aims to expand treatment options for the chronic condition and bolster AbbVie’s immunology pipeline. Despite the company’s strong GF Score and growth potential, its high P/E ratio and recent insider selling present a mixed outlook for investors.