AbbVie’s Immunology Growth Strategy Is Delivering, But Imbruvica Reduced By IRA
Executive Summary
AbbVie’s $2.1bn write down of Imbruvica’s value is tied directly to Medicare drug price negotiations. Humira’s US biosimilar erosion continued as projected, while the Skyrizi/Rinvoq duo are set to top Humira peak sales by 2027.
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