Drugmaker AbbVie Inc on Friday reported a better-than-expected adjusted quarterly profit as sales of its blockbuster drug, Humira, more than offset weak demand for newly acquired aesthetic portfolio.
) on Friday reported a better-than-expected adjusted quarterly profit as sales of its blockbuster drug, Humira, more than offset weak demand for newly acquired aesthetic portfolio.
“The adverse impact from COVID-19 on legacy AbbVie was less than expected... and new patient starts have stabilized and started to recover,” AbbVie Chief Executive Officer Richard Gonzalez said in a statement. Total Botox cosmetic comparable sales plunged 43.1% to $226 million and therapeutic sales fell 22.3% to $297 in the second quarter ended June 30, on a comparable basis.
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