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HUMIRA sales down 18% in the quarter due to biosimilar competition
January 25, 2019
By: Kristin Brooks
Managing Editor, Contract Pharma
AbbVie 4Q Revenues: $8.3 billion (+7%) 4Q Loss: $1.8 billion (earnings were $52,000 4Q17) FY Revenues: $32.8 billion (+16%) FY Earnings: $5.7 billion (+7%) Comments: Global HUMIRA sales were $19.9 billion, up 8% for the year. In the U.S., HUMIRA sales grew 9% percent in the quarter. Internationally, HUMIRA sales declined 18% due to biosimilar competition. Global revenues from the hematologic oncology portfolio were $1.1 billion for the year, up 50%, with global IMBRUVICA sales of $1.0 bill...
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