Brushing back biosims, a confident AbbVie outlines a blockbuster winning streak ahead for Humira
While Gilead and Celgene were showing just how significant new pricing competition can be in destroying their forecasting abilities, AbbVie showed up Friday morning with a revenue projection that underscores just how important it is to steer any blockbuster rivalries down the road.
In its Q3 report the company reported that it now expects to see Humira sales climb to close to $21 billion in 2020. To put that in some perspective, CEO Rick Gonzalez had forecast peak sales at $18 billion by 2020 less than two years ago. That $3 billion in extra sales represents the kind of blockbuster revenue most biopharmas would be happy to see from any one of its drugs.
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