By Denny Jacob

 

AbbVie Inc., a research-based biopharmaceutical company, said Thursday that Health Canada approved SKYRIZI, a treatment for adults with active psoriatic arthritis.

In April 2019, Health Canada approved SKYRIZI for adults with moderate to severe plaque psoriasis who are candidates for systemic therapy or phototherapy.

Psoriatic arthritis is an inflammatory disease that typically manifests in the skin and joints.

AbbVie shares are up 50% to $157.78 in the past 12 months.

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

March 17, 2022 12:47 ET (16:47 GMT)

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