USA-based AbbVie (NYSE: ABBV) has submitted a Biologics License Application (BLA) to the US Food and Drug Administration for risankizumab, an investigational interleukin-23 (IL-23) inhibitor, being evaluated for treatment of patients with moderate to severe plaque psoriasis.
AbbVie licensed the candidate from privately-held German pharma major Boehringer Ingelheim early in 2016, with an upfront payment $595 million, plus milestones and royalties.
Risankizumab is viewed as a potential competitor to Stelara (ustekinumab), from US healthcare giant Johnson & Johnson (NYSE: JNJ), as well as AbbVie’s own mega-blockbuster Humira (adalimumab).
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