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AbbVie 4Q Sales Down Due to Humira Competition

Global Humira sales were down 41% to $3.3 billion in the quarter.

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By: Kristin Brooks

Managing Editor, Contract Pharma

AbbVie 4Q Revenues: $14.3 billion (-5%)  4Q Earnings: $824 million (earnings were $2.5 billion 4Q22) FY Revenues: $54.3 billion (-6%) FY Earnings: $4.9 billion (earnings were $11.8 billion FY22) Comments: Global immunology portfolio revenues were down 12% in the quarter to $6.95 billion, due to Humira biosimilar competition. Global Humira sales were $3.3 billion, down 41%. Global Skyrizi revenues were $2.4 billion, up 52%. Global Rinvoq revenues were $1.3 billion, up 63%. Oncology portfolio...

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