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AbbVie expects continued Humira strength
October 31, 2015 1:42 AM UTC
AbbVie Inc. (NYSE:ABBV) gained $5.45 (10%) to $59.55 on Friday after reporting 3Q15 earnings and forecasting revenues of $37 billion by 2020, driven largely by sales of Humira adalimumab.
Humira sales were $3.6 billion in 3Q15, up 12% from $3.3 billion in 3Q14. The company expects sales of the drug to exceed $18 billion in 2020. ...