Quarter

[anonymous]

More Challenges Await AbbVie Following A Disappointing Quarter (NYSE:ABBV) | Seeking Alpha

 

[anonymous]

More Challenges Await AbbVie Following A Disappointing Quarter (NYSE:ABBV) | Seeking Alpha

Good article. They waited until Q1 of 2023 to start pumping money into R&D?! Dumb.

Q2 results won’t be great. A whole lot of leader and division shuffling going on right now so Gonzalez can say he proactively addressed business structure to be better positioned for Q3. It’s kinda of like changing seats on the Titanic.

 

[anonymous]

I mean….yeah. The loss of humira was always expected, it’s just the failure to produce a worthy successor. Oral surveillance killed rinvoq and qulipta is a dog. Skyrizi and vraylar are good but will never come close to humira.

 

[anonymous]

Among the smartest things Rick has done is limit R&D investment. This is not a winning team. They need to go buy something. That would be money better spent.

 

[anonymous]

Buy something so they can destroy it with their antiquated sales model? AbbVie is living in a world of big pharma 1999. The patient is not the “North Star”. This organization is too bloated with too many layers of bureaucracy and an outdated sales model focused on pods, reach & frequency and managing metrics. AbbVIe should get lean and focus on R&D. That would be smarter for the long game. Except no one in this shallow company is in it for the long game and being a real developer of innovation for patients.

 

[anonymous]

to your point, most folks are invested in things just the same vs change. We are in a rut.

 

[anonymous]

to your point, most folks are invested in things just the same vs change. We are in a rut.

Time will tell if it’s a rut or a death spiral.

 

[anonymous]

Among the smartest things Rick has done is limit R&D investment. This is not a winning team. They need to go buy something. That would be money better spent.

Buy something, build a patent thicket, market the bejeebers out of it. How imaginative. Failure of imagination will doom this company to many years of mediocrity.

 

[anonymous]

Why does anyone think we would know what to buy?

 

[anonymous]

Why does anyone think we would know what to buy?

Write the advertising jingle, then pick the product that fits best. Simple.