AbbVie's MAVIRET Receives Positive EMA Opinion for Hepatitis C Treatment
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 22 2026
0mins
Source: NASDAQ.COM
- Positive EMA Opinion: AbbVie announced that its MAVIRET has received a positive opinion from the European Medicines Agency's Committee for Medicinal Products for Human Use, recommending it for the treatment of acute hepatitis C in adults and children aged 3 and older, which could significantly enhance the company's competitive position in the European market if approved.
- Clinical Trial Results: The positive opinion is backed by Phase 3 trial data showing a 96% cure rate for MAVIRET in adults with acute HCV infection after an eight-week treatment, indicating a substantial therapeutic advantage that may drive future sales growth.
- Decision Timeline: The final approval decision is expected in the third quarter of 2026, providing AbbVie ample time to prepare for market entry and meet demand upon approval, which could lead to increased market share.
- Market Reaction: AbbVie's stock is currently trading at $214.00 on the New York Stock Exchange, down 0.27%, reflecting a cautious market response to the news, although the positive EMA opinion may bolster investor confidence in the long term.
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Analyst Views on ABBV
Wall Street analysts forecast ABBV stock price to rise
18 Analyst Rating
12 Buy
6 Hold
0 Sell
Moderate Buy
Current: 218.630
Low
223.00
Averages
252.00
High
289.00
Current: 218.630
Low
223.00
Averages
252.00
High
289.00
About ABBV
AbbVie Inc. is a global, diversified, research-based biopharmaceutical company. It is engaged in research and development, manufacturing, commercialization and sale of medicines and therapies. Its product portfolio includes Immunology, Oncology, Aesthetics, Neuroscience, Eye Care and Other Key Products. Immunology products include rheumatology, dermatology and gastroenterology. Oncology products include Imbruvica, Venclexta/Venclyxto, Elahere and Epkinly. The aesthetics portfolio consists of facial injectables, plastics and regenerative medicine, body contouring, and skincare products. Its Neuroscience products include Botox Therapeutic, Vraylar, Duopa and Duodopa, Ubrelvy, and Qulipta. Duodopa is a levodopa-carbidopa intestinal gel for the treatment of Parkinson's disease. Eye care products include Ozurdex, Lumigan/Ganfort, Alphagan/Combigan, Restasis, and other eye care. Other key products include Mavyret/Maviret, Creon, and Linzess/Constella.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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