AbbVie's Spin-Out Culture Helped Set Post-Humira Strategy, Execs Say

Addressing an investor meeting, CFO Bill Chase said Humira should continue strong growth through 2022, while helping leverage the launch and ramp up of successors like risankizumab and upadacitinib.

Businessman draws a statistical trend line

For AbbVie Inc., Humira (adalimumab) is always the elephant in the room – and it has been since the firm's spinout from Abbott Laboratories Inc. in 2013. As the company pumps up investor expectations for late-stage candidates to expand its immunology portfolio and leverage Humira, a pair of executives reviewed the strategic choices AbbVie has made since its inception.

Chief Financial Officer Bill Chase and Scott Brun, divisional VP of infectious diseases and immunology development, detailed this strategy during...

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