WSJ News Exclusive | AbbVie Aims for New Drugs to Boost Sales as Competitors Target Humira

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WSJ News Exclusive | AbbVie Aims for New Drugs to Boost Sales as Competitors Target Humira
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With Humira facing lower priced competition, AbbVie is turning to next-generation successors to replenish billions of dollars in sales that will be lost and plans to lift a cap on the size of deals it would do to add products

https://www.wsj.com/articles/abbvie-aims-for-new-drugs-to-boost-sales-as-competitors-target-humira-11675638126

AbbVie, anchored by sales of its immune-disease therapy Humira, was spun off from Abbott Laboratories a decade ago.AbbVie Aims for New Drugs to Boost Sales as Competitors Target Humira Company says two newer immune drugs can offset the blockbuster’s decline, and it plans to lift a cap on the size of deals it will do

AbbVie, anchored by sales of its immune-disease therapy Humira, was spun off from Abbott Laboratories a decade ago.Drugmaker AbbVie Inc. is looking for its next hit., AbbVie is turning to a pair of next-generation successors to replenish the billions of dollars in sales that will be lost, Chief Executive Richard Gonzalez said. It is also betting on four drug approvals

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