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AbbVie’s Ex-Humira Immunology Business Is Booming

 
• By Jessica Merrill

The company raised 2024 revenue expectations, driven by the second quarter performance of its Humira successors Skyrizi and Rinvoq.

AbbVie released second quarter financial results • Source: Shutterstock

AbbVie Inc.’s big immunology growth drivers, Skyrizi (risankizumab) and Rinvoq (upadacitinib), delivered impressive growth in the second quarter, helping to offset declining sales of Humira (adalimumab) and leading the company to raise revenue forecasts for the year. The company reported second quarter sales and earnings on 25 July, including net revenues that beat the company’s expectations and analyst consensus estimates.

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