AbbVie seeks approval to market new drug elagolix in the USA

7 September 2017

Chicago, USA-based AbbVie (NYSE: ABBV) has filed for regulatory approval in the USA for elagolix, an investigational therapy for endometriosis-associated pain, under development in collaboration with Neurocrine Biosciences (Nasdaq: NBIX).

Following the announcement, shares in AbbVie ticked up 2%, and in Neurocrine 1%.

Endometriosis occurs when tissue similar to that normally found in the uterus begins to grow outside of the uterus, leading to long-term pelvic pain (during or between periods), pain with intercourse and other painful symptoms.

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