3 Big Reasons Why AbbVie Isn't Worried About Humira

AbbVie (NYSE: ABBV) raised some eyebrows -- and some concerns -- in its Q3 conference call discussion of the early days of European biosimilar competition for Humira. CEO Rick Gonzalez said at the time that discounting for Humira biosimilars was steeper than the company expected. The obvious implication is that Humira sales outside of the U.S. could decline more quickly than projected.