Despite Pricing Pressure, Humira Performing Strongly Across Most Metrics, Abbvie Says

Humira continues its strong growth pace through volume gains and market share across therapeutic categories, CEO Gonzalez says, while leukemia drug Imbruvica also had a solid third quarter.

Alarm was felt across the biopharma world after Amgen Inc.’s Oct. 27 commentary about the impact of competition and pricing pressures on the anti-tumor necrosis factor market, but AbbVie Inc. – with a business model built around its TNF inhibitor Humira – sought to paint a different picture Oct. 28, saying indications are good across several metrics for continued strong performance by its top-seller.

In what many analysts called a weak quarterly performance, AbbVie reported worldwide net revenues of $6.43bn for the third quarter,...

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