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Competition springing up for Humira, AbbVie's hot-selling drug

2015-10-14 23:38:20| Agriculture - Topix.net

Another week, and another competitor is nipping at the heels of AbbVie Inc.'s rheumatoid arthritis treatment Humira, the top-selling drug in the world. This time it's Eli Lilly and its biotech partner Incyte Corp., which on Wednesday announced that their experimental drug baricitinib proved superior to Humira in a large study, raising questions about whether AbbVie of North Chicago can protect a product that generated $12.5 billion in sales last year.

Tags: drug competition humira hotselling

 

AbbVie raises outlook as Humira again delivers earnings beat

2015-04-23 17:57:24| Biotech - Topix.net

Drugmaker AbbVie is raising its full-year earnings guidance after reporting better-than-expected first quarter adjusted results on continued growth of its blockbuster anti-inflammatory drug Humira. However, U.S. sales of the company's recently approved hepatitis C pill came in below expectations, underscoring concerns that the company is too reliant on Humira.

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Amgen: Its biosimilar version of Humira about as effective

2015-02-04 00:09:02| Biotech - Topix.net

Biologic drugmaker Amgen says its biosimilar version of rheumatoid arthritis drug Humira worked similarly in a key head-to-head test. Amgen Inc. says its ABP 501 produced similar results in the percentage of patients in the 26-week, late-stage study who saw improvements in pain, ability to function and number of swollen and tender joints.

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AbbVie reports better-than-expected 4Q on Humira sales

2015-01-30 16:39:06| Biotech - Topix.net

Drugmaker Abbvie posted better-than-expected adjusted results for the fourth quarter on Friday due to double-digit growth of its blockbuster anti-inflammatory drug Humira. Sales of Humira increased 10.6 percent to $3.36 billion, offsetting lower sales of the testosterone medication Androgel and other medications.

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Amgen says version of Humira meets study goal

2014-10-09 06:22:53| Biotech - Topix.net

Amgen said Wednesday that its version of Humira, the best-selling drug in the world, worked as well as the original medication in a late-stage clinical trial. The study is one of two that Amgen is running to compare its generic biotech drug ABP 501 to Humira as a treatment for moderate to severe plaque psoriasis.

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