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Abbott Bid For US Approval Of New Use For Humira Is Delayed

By Peter Loftus Of DOW JONES NEWSWIRES Abbott Laboratories (ABT) has encountered a delay in its bid for U.S. regulatory approval to expand the uses of its blockbuster anti-inflammatory drug Humira to include treatment of the bowel disease ulcerative colitis. Abbott received a "complete response letter" from the U.S. Food and Drug Administration in late 2011 regarding Abbott's application to market Humira for colitis, spokeswoman Elizabeth Hoff said Monday. The FDA sends such letters when a drug application isn't yet ready for approval. The Abbott Park, Ill., company has provided additional information and continues to have a dialogue with the FDA, Hoff said. Abbott expects an agency decision by the end of this year, she said. She declined to provide contents of the complete response letter. Abbott filed for regulatory approval of Humira to treat ulcerative colitis in the U.S. and Europe in early 2011. The European Commission approved the new use in April. The regulatory applications were based on clinical data showing that Humira improved rates of disease remission versus a placebo in people with colitis, an inflammatory bowel disease that causes pain, diarrhea and other symptoms. Humira is currently approved in the U.S. to treat rheumatoid arthritis and several other inflammatory conditions. Abbott recorded $7.9 billion in Humira sales for 2011. -By Peter Loftus, Dow Jones Newswires; +1-215-982-5581; peter.loftus@dowjones.com

Stock News for Abbott Labs (ABT)
DateTimeHeadline
07/02/201517:08:15Statement of Changes in Beneficial Ownership (4)
07/02/201517:07:46Statement of Changes in Beneficial Ownership (4)
07/02/201517:07:22Statement of Changes in Beneficial Ownership (4)
07/02/201517:06:55Statement of Changes in Beneficial Ownership (4)
07/02/201517:06:03Statement of Changes in Beneficial Ownership (4)
07/02/201517:05:36Statement of Changes in Beneficial Ownership (4)
07/02/201517:05:10Statement of Changes in Beneficial Ownership (4)
07/01/201509:00:00Abbott Hosts Conference Call for Second-Quarter Earnings
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06/26/201513:17:47Annual Report of Employee Stock Plans (11-k)
06/16/201518:22:46Statement of Changes in Beneficial Ownership (4)
06/16/201518:21:12Initial Statement of Beneficial Ownership (3)
06/16/201518:11:30Initial Statement of Beneficial Ownership (3)
06/16/201510:37:15Abbott Labs to Vote in Favor of Mylan's Perrigo Deal
06/16/201509:19:00Mylan Issues Statement in Response to Abbott's Support for Perrigo...
06/16/201509:00:00Abbott Affirms its Support for Mylan Standalone Strategy and...
06/12/201510:28:00Abbott Declares 366th Consecutive Quarterly Dividend
06/11/201512:05:033 Things AbbVie Inc.'s Management Wants You to Know
06/05/201518:06:37Statement of Changes in Beneficial Ownership (4)
06/05/201517:00:40Securities Registration: Employee Benefit Plan (s-8)

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