Negative NICE view on Venclyxto

26 October 2018

There was disappointing news today for US biopharma company AbbVie (NYSE: ABBV), when the UK cost-effectiveness body said it does not recommend its leukemia drug for National Health Service use, and sending its share price down 1.96% to $80.13 by late morning.

Draft guidance issued today by the National Institute for Health and Care Excellence (NICE) does not recommending Venclyxto (venetoclax) plus rituximab for the treatment of relapsed or refractory (R/R) chronic lymphocytic leukemia (CLL) in adults.

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