AbbVie, Enanta Pharma rise after US FDA approves pediatric use of hepatitis C drug

ReutersJun 11, 2025 6:07 PM

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Shares of drugmaker AbbVie ABBV.N up 1.5% at $192.40 and biotech company Enanta Pharma ENTA.O up 7.1% to $8.12

AbbVie says the U.S. FDA approves expanded use of its drug, Mavyret, for the treatment of adults and pediatric patients three years and older with hepatitis C virus (HCV) infection

Mavyret was first approved by the FDA in August 2017 to treat hepatitis C virus (HCV) infection in adults

Hepatitis C is a viral infection that causes liver swelling that can lead to serious liver damage

Mavyret was developed through a collaboration between AbbVie and Enanta Pharma

Including session's moves, ABBV up 8.3% and ENTA up 33.2% YTD

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