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AbbVie CEO Upbeat On Skyrizi Commercialization, Raises Financial Guidance

 
• By John Davis

AbbVie’s product pipeline may be delivering just in time to alleviate concerns about loss of exclusivity on its best-selling product, Humira.  

Steps
Product approvals and increasing revenues are buoying AbbVie, but biosimilar concerns with Humira remain • Source: Shutterstock

The days-earlier US approval of new psoriasis therapy Skyrizi, and sales and earnings above expectations, put AbbVie Inc. executives in a buoyant mood when discussing the company’s first-quarter results on 25 April.

“We’re certainly pleased with our commercial performance and our financial results for the quarter, and we remain well positioned to deliver double-digit earnings growth once again in 2019,” said chairman and CEO Richard Gonzalez. The company’s full-year EPS guidance has been increased, with adjusted earnings between $8.73 and $8

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