CLAIM #2357 · AbbVie Inc (ABBV) · 2024Q1 earnings call · Apr 26, 2024 · due Dec 31, 2025
“I mean we are confident, given the market position TAM of Skyrizi and Rinvoq, I think, in particular around the momentum that we have across the Skyrizi indication that we're going to have very favorable access in 2025 and beyond.”
Jeff Stewart · EVP, Chief Commercial Officer
In context
“ure some more share. So I hope that helps. Liz Shea : Thanks, Simon. Operator, next question, please. Operator: Next question comes from Tim Anderson with Wolfe Research. Tim Anderson : I have questions on contracting for Skyrizi in '25. How many lives do you already have locked up through your general multi-year contracting? And then do you continue to think that the availability of cheap versions of Humira, either brand or biosimilar won't lead to any increase in step edits on Skyrizi under the idea that while Skyrizi is better, something like Humira or biosimilar Stelara might be just fine. That same arrangement can be made in the statin category, for example, Crestor is the best Zocor might do just fine. Jeff Stewart : Yes. I think we'll probably pass on the number of lives locked up. I mean we are confident, given the market position TAM of Skyrizi and Rinvoq, I think, in particular around the momentum that we have across the Skyrizi indication that we're going to have very favorable access in 2025 and beyond. I think the other thing that we've highlighted is I'm very pleased with how the adoption of Skyrizi is going in IBD. I mean it's very, very clear that we're taking significant share from Stelara and the doctors are voting with their pen, or they're basically electronic prescribing because the ability to get these very sensitive patients under significant control, the world's really never seen anything like the sequence trial in terms of the ability to control the most difficult aspect of this challenging disease. So as time goes by, we think that differentiation is going to aid us significantly as we think about the formulary positions relative to not only Humira, but also to Stelara. Liz Shea: Thanks, Tim. Operator, next question, please. Operator: The next question comes from Luisa Hect”
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SEC filings for ABBV ↗ · Claim quote is verbatim from the 2024Q1 earnings call.