Fourth Act For AbbVie's Risankizumab Whets Appetite
AbbVie has released more positive top-line data for its anti-IL23 product risankizumab, building a strong case for its use in psoriasis – but there is still more to come from the study amid uncertainty over how the product will deal with competitive and pricing pressure.
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Central to AbbVie’s plans to endure biosimilar erosion to Humira, Skyrizi gets US approval in psoriasis, with approval of upadacitinib expected in RA this year.
AbbVie could be looking at near-simultaneous launches for Skyrizi on both sides of the Atlantic after the psoriasis drug – a key future growth driver – got a positive opinion from Europe's regulators some two months before the FDA is due to give its verdict on the interleukin-23 inhibitor.
The Spanish company has a lot riding on tildrakizumab, the psoriasis drug licensed from Sun Pharma which could get the green light in Europe before year-end. Until then, Almirall is scouring the market for bolt-on deals.