AbbVie lifts profit target after cancer drug powers quarterly beat

November 2, 2018 admin Business News Comments Off on AbbVie lifts profit target after cancer drug powers quarterly beat

AbbVie Inc beat Wall Street estimates for third-quarter profit on Friday, driven by strong sales of blockbuster cancer medicine Imbruvica, and the drugmaker raised its 2018 earnings forecast, sending its shares up 4 percent.

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Source:: Reuters – Business News