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0.000155062800434035 0 -0.000155062800434255 -0.000837339122344581 -0.00255388432315104 -0.00093037680260509 -0.00093037680260509 -0.00093037680260509
Stock impact report

AbbVie prices new rheumatoid arthritis drug at $59,000/yr [Reuters (UK)]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Reuters
AbbVie prices new rheumatoid arthritis drug at $59,000/yr - Reuters 3 Min Read (Reuters) - AbbVie Inc has priced its new rheumatoid arthritis treatment at $59,000 a year after gaining U.S. approval on Friday, a big boost for the drugmaker struggling with rising competition for Humira, its blockbuster therapy for the same condition. A four-week supply of Humira, the world’s best-selling medicine, has a list price of about $5,174, amounting to more than $60,000 for a year. However, the list price is not necessarily what patients actually pay as “out-of-pocket” costs vary based on the duration of the treatment and individual healthcare plans. Humira brought in global revenue of $4.87 billion in the second quarter, but sales have been hit by competition from cheaper rivals in Europe, and AbbVie in June announced a deal to buy Botox-maker Allergan Plc for $63 billion to reduce dependence on the drug. The company has signed deals to prevent cheaper versions of Humira, which also treats psor Show less Read more
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