AbbVie’s Humira Succession Plan Begins Taking Shape With Skyrizi US Approval
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.
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The expansion of upadacitinib for a new indication in psoriatic arthritis has been pushed out three months to late in the second quarter.
Continuing its longstanding effort to assure investors about growth past Humira’s US patent expiry in 2023, the pharma outlined label-expansion and market share plans for its two newer immunology drugs.
The firm’s major product revenues bounced back from the pandemic-troubled second quarter, with Botox recovering as predicted.