Home AbbVie Reports Humira Global Sales of $9.316 Billion in H1 2019 Despite Modest 5.8% Decline Amid Biosimilar Competition

AbbVie Reports Humira Global Sales of $9.316 Billion in H1 2019 Despite Modest 5.8% Decline Amid Biosimilar Competition

Jul 28, 2019 12:59 CST Updated 12:59
AbbVie

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On July 26, AbbVie announced its financial results for the first half of 2019, with net revenues of $16.083 billion, representing a 1% year-over-year decline.

With a large number of biosimilars already launched in the European market, Humira’s global sales declined by 27%. However, its U.S. market, which accounts for the majority of its revenue, maintained exclusivity until 2023 and achieved a 7% growth. As a result, Humira’s total global revenue in the first half of 2019 decreased only slightly by 5.8%, reaching $9.316 billion.

AbbVie’s Core Drug Sales Revenue in H1 2019 (USD 100 million)

*Disclaimer: This article was written by an author contributing to Sina Medical News. The views expressed are solely those of the author and do not represent the position of Sina Medical News.