FDA Approves DEPAKOTE — AbbVie Inc.
# FDA Approval Newswire AbbVie Inc.'s DEPAKOTE (divalproex sodium) received FDA approval on March 10, 1983, establishing a foundational anticonvulsant therapy that would capture significant market share in the epilepsy and psychiatric disorder treatment segments for decades. The oral formulation's approval positioned AbbVie as a key player in the growing neurology pharmaceutical market, generating billions in cumulative revenues through its broad therapeutic applications in seizure disorders, bipolar disorder, and migraine prevention.
AI-generated summary for informational purposes only. Always verify against the original filing. Not investment advice. BriefTape is not a registered investment adviser.
Get real-time financial news in your trading bot or app
GET FREE KEY — 10,000 calls/day