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Clinical-stage developer of immunology drugs Electra raised $350 million in an upsized US IPO priced at the mid-point of its marketed range
AbbVie Revenue Rises on Strength in Immunology, Neuroscience
#OTD# in 1982 laureate James Allison published a paper in the Journal of Immunology identifying the protein structure of the T cell receptor, a previously mysterious ignition switch for immune response. His research led to a new way to treat cancer by using our own immune systems.
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Electra, a clinical-stage developer of immunology drugs, opened at its IPO price on Friday after raising $350 million in an upsized US offering
Electra Therapeutics, a clinical-stage developer of immunology drugs, is offering 21.67 million shares for $14 to $16 each
Boehringer Ingelheim agreed to use Owkin’s AI model to help discover new oncology and immunology medicines.
ABBVIE $ABBV Q3’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $17.40B (Est. $17.31B) 🟢; +10.3% YoY 🔹 Adj. EPS: $3.82 (Est. $3.75) 🟢; +100%+ YoY 🔹 Immunology Revenue: $9.17B; +16.3% YoY Raises FY26 Guide: 🔹 Adj. EPS: $13.95-$13.99 (Est. $13.92) 🟢; from $13.76-$13.96 Segment Net Revenue: 🔹 Immunology: $9.17B; +16.3% YoY 🔹 Neuroscience: $3.39B (Est. $3.29B) 🟢; +19.4% YoY 🔹 Oncology: $1.70B (Est. $1.68B) 🟢; +0.8% YoY 🔹 Aesthetics: $1.18B (Est. $1.20B) 🔴; -1.4% YoY Key Products: 🔹 Skyrizi: $5.78B (Est. $5.72B) 🟢; +22.7% YoY 🔹 Rinvoq: $2.71B (Est. $2.73B) 🔴; +23.9% YoY 🔹 Humira: $683M (Est. $695M) 🔴; -31.2% YoY 🔹 Venclexta: $803M (Est. $793M) 🟢; +10.7% YoY 🔹 Imbruvica: $522M (Est. $530M) 🔴; -26.1% YoY 🔹 Vraylar: $1.07B; +14.3% YoY Key Updates: 🔹 Apogee Therapeutics acquisition completed, deepening AbbVie’s immunology pipeline 🔹 IPR&D and milestones expense: $0.11/share unfavorable impact 🔹 Quarterly dividend raised to $1.82/share, payable February 16, 2027 Comments: 🔸 “Given our strong outlook and significant momentum, we are once again increasing AbbVie's full-year guidance and raising our quarterly dividend.”
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The Health Care sector has been shown to have the highest return rate above every other sector Here are the top performing Health Care ETFs so far in 2026: 🥇 $LABU Direxion Daily S&P Biotech Bull 3X ETF +88.66% 🟢 🥈 $ARKG ARK Genomic Revolution ETF +61.68% 🟢 🥉 $IDNA iShares Genomics Immunology and Healthcare ETF +52.09% 🟢 4. $XBI State Street SPDR S&P Biotech ETF +34.14% 🟢 5. $SBIO ALPS Medical Breakthroughs ETF +30.53% 🟢 6. $FBT First Trust NYSE Arca Biotechnology Index Fund +29.69% 🟢 7. $FTXH First Trust Nasdaq Pharmaceuticals ETF +26.86% 🟢 8. $BBH VanEck Biotech ETF +26.54% 🟢 9. $XPH State Street SPDR S&P Pharmaceuticals ETF +25.42% 🟢 10. $IBB iShares Biotechnology ETF +25.02% 🟢 11. $IHE iShares US Pharmaceuticals ETF +23.34% 🟢 12. $PJP Invesco Pharmaceuticals ETF +23.14% 🟢 13. $PTH Invesco Dorsey Wright Healthcare Momentum ETF +22.59% 🟢 14. $IHF iShares US Healthcare Providers ETF +20.27% 🟢 15. $PBE Invesco Biotechnology & Genome ETF +19.27% 🟢 16. $RSPH Invesco S&P 500 Equal Weight Health Care ETF +18.09% 🟢 17. $FXH First Trust Health Care AlphaDEX Fund +17.17% 🟢 18. $FHLC Fidelity MSCI Health Care Index ETF +12.66% 🟢 19. $PPH VanEck Pharmaceutical ETF +12.54% 🟢 20. $VHT Vanguard Health Care ETF +12.52% 🟢
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AstraZeneca $AZN is launching a restructuring plan expected to generate $1.5B in annual savings, with up to $2B in one-time costs over the next three years. The company plans to reinvest those savings into its drug pipeline, which currently includes more than 180 projects. The move follows several late-stage clinical trial setbacks and growing competition from generic drugs. AstraZeneca is still targeting $80B in annual revenue and 20 new medicine launches by 2030. Meanwhile, Q3 revenue grew 7% to $16.21B, supported by double-digit growth in oncology, respiratory and immunology, and rare disease treatments.
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