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Abbvie Projects $3B Sales For HCV Cocktail, But Shares Fall 3%

2015-02-02 19:46:47| Biotech - Topix.net

Abbvie reported solid Q4 earnings last week, despite one-time expenses for fees related to backing out of acquiring Shire Plc. Management did nothing to assuage investors that its HCV regimen was on pace to achieve its $2 billion 2015 revenue target.

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Cramer Advises Viewers On Mattel, Linn Energy And AbbVie

2015-02-01 22:30:38| Toys - Topix.net

Speaking on CNBC's Mad Money , Jim Cramer said that he wouldn't buy Mattel, Inc. because it has a bad management. Cramer believes that Hasbro, Inc. is a better pick, but he would buy Apple Inc. because it produces the best "toys."

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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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Gilead, Abbvie Price War May Reach Fever Pitch In Europe

2015-01-20 19:26:35| Biotech - Topix.net

European health systems have garnered steep discounts on Gilead's HCV treatment. Abbvie's presence may trigger a price war.

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AbbVie predicts sharp increase in earnings

2015-01-09 07:00:01| Biotech - Topix.net

AbbVie Inc. predicted sharply higher earnings for the new year, driven by rheumatoid-arthritis drug Humira and the launch of its new hepatitis C virus treatment. The U.S. Food and Drug Administration last month approved the pharmaceutical company's Viekira Pak, an all-oral cocktail of several drugs that showed strong success in treating the liver disease in clinical trials.

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