Why Is AbbVie Stock Trading Higher On Thursday?

  • IGI Therapeutics SA, a wholly owned subsidiary of New York-based Ichnos Glenmark Innovation Inc., and AbbVie Inc. ABBV, on Thursday, announced an exclusive licensing agreement for IGI's lead investigational asset, ISBĀ 2001, developed using IGI's proprietary BEAT protein platform, for oncology and autoimmune diseases.