AbbVie Says “V” Is For V-Shaped Recovery
Q2 Victories Include Botox Rebound, Big Skyrizi, Rinvoq Gains
The firm’s major product revenues bounced back from the pandemic-troubled second quarter, with Botox recovering as predicted.
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The latest drug development news and highlights from the Pink Sheet’s US FDA Performance Tracker
Reporting its first full quarter of financials since merging with Allergan, AbbVie will be scrutinized for whether its optimistic talk of a quick Botox rebound actually happened.
AbbVie reported revenue growth during the second quarter, with products like Rinvoq and Skyrizi leading the charge. But Allergan, despite growth for Vraylar and Ubrelvy, pushed down overall performance.