With not much new to say about its pending merger with Allergan PLC, AbbVie Inc.’s second quarter earnings call on 26 July centered on how Humira sales are being affected by biosimilar competition in Europe, the launch of psoriasis drug Skyrizi and the pharma’s thoughts on Senate legislation to reduce drug prices within Medicare and Medicaid.
AbbVie’s Five Biggest Priorities, Apart From Allergan
While it works on merging with Allergan, AbbVie is tracking biosimilar sales erosion to Humira, the promising launch of Skyrizi and the growth of Imbruvica and Venclexta. It is terminating a Phase II study of a tau-targeting antibody and worried about aspects of the Senate drug pricing bill.
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