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AbbVie’s Downward Humira Guidance Worries Analysts

 
• By Joseph Haas

Decreasing Humira’s ex-US sales guidance for the second time in three months caught significant attention, as AbbVie now expects 30% revenue erosion for its top-seller outside its home market.

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Much of the attention coming out of AbbVie Inc.'s earnings call Jan. 25 was focused on the company's reduction of ex-US revenue estimates for top-seller Humira (adalimumab) for the second time in recent months due to the impact of biosimilar competition – raising concerns that the impact of US biosimilars will be greater than AbbVie has suggested.

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