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AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial
10 March 2026
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AbbVie Obesity Drug ABBV-295 Hits Up to 9.8% Weight Loss in Early Trial

NORTH CHICAGO, Illinois, March 10, 2026, 14:19 CDT.

AbbVie said on Monday its experimental obesity drug ABBV-295 helped adults lose up to 9.79% of their body weight in 12 weeks in an early-stage study, giving the drugmaker its clearest sign yet that it may have a contender in a market led by Eli Lilly and Novo Nordisk. The company said no serious adverse events were reported.

The readout matters because AbbVie is hunting for fresh growth after Humira ran into biosimilar competition, and because investors are still focused on how much room the company has beyond its core immunology business. William Blair analyst Matt Phipps said in February investors had “concerns about growing competition” in that franchise, even as AbbVie told the market Skyrizi and Rinvoq should generate about $31.6 billion in 2026. Reuters

AbbVie has been putting money behind the shift. Last month it said it would spend $380 million to expand Illinois manufacturing for obesity and neuroscience medicines, and earlier this year it described obesity as a market projected to generate about $150 billion a year over the next decade. The company has said it likes amylin-based medicines — drugs that mimic a pancreas hormone to curb appetite and slow digestion — because they may offer better tolerability than GLP-1 shots such as Novo’s Wegovy and Lilly’s Zepbound; Chief Medical Officer Roopal Thakkar said the focus was “tolerability and durability of weight loss.” Reuters

AbbVie said the 76-patient phase 1 study tested doses from 2 mg to 14 mg across weekly, every-other-week and monthly schedules after week 5. Weekly dosing produced 7.75% to 9.79% average weight loss at week 12, while less-frequent schedules produced 7.86% to 9.73% at week 13, versus roughly flat placebo results. Primal Kaur, AbbVie’s senior vice president for global development, said the data showed “meaningful weight loss together with a well-tolerated safety profile.” AbbVie News Center

The figures are hard to line up against rival programs because the studies ran for different lengths of time and enrolled different patients. Still, Lilly said in November that its mid-stage amylin drug eloralintide helped patients lose as much as 20.1% after 48 weeks, while Roche and Zealand Pharma reported up to 10.7% weight loss over 42 weeks with petrelintide last week.

But this is early data. Phase 1 trials are mainly used to test safety, not settle how well a drug will work in broad patient groups, and AbbVie said the study population had a mean body mass index, or BMI, below 30, with 88.3% male; ABBV-295 is not approved anywhere. Morningstar analyst Karen Andersen said of amylin readouts that it is “really hard to compare these trials” when patient mix shifts, adding that women have tended to respond better than men. PR Newswire

AbbVie licensed the candidate from Denmark’s Gubra in March 2025, agreeing to pay $350 million upfront and up to $1.875 billion more in milestones in what it called its entry into obesity. The company said full data from the current study will be presented at a future scientific conference.

AbbVie shares were little changed on Tuesday and were down about 0.3% in afternoon U.S. trading at $226.81.

Stock Market Today

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    May 1, 2026, 11:52 PM EDT. James Hardie Industries (ASX:JHX) shares traded at A$29.38, down from a perceived fair value of A$40.91, suggesting a 28.2% undervaluation based on earnings growth and synergy gains from the AZEK merger. Management targets $125 million in cost savings over three years and over $500 million in commercial synergies within five years to drive EBITDA expansion. However, the stock's price-to-earnings (P/E) ratio stands at 103.4x, far above the global Basic Materials sector average of 15.7x and peers at 35.3x, implying investors price in substantial growth but flagging elevated execution risk and US$5.1 billion debt. Recent share price moves include a 0.96% one-day gain and 4.41% over 30 days, with a one-year total return of 22.11%, reflecting volatile sentiment. Investors face a trade-off between potential upside and integration challenges at this premium valuation.

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