Healthy Returns: Sales of Humira are plunging, but AbbVie has two promising successors

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Healthy Returns: Sales of Humira are plunging, but AbbVie has two promising successors
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AbbVie has two successors that could offset the losses from its blockbuster drug Humira. Meanwhile, UnitedHealth Group’s CEO will testify on Capitol Hill.

But AbbVie has two key drugs that treat many of the same conditions as Humira, and they are proving to be worthy successors to the company's flagship medication.

But AbbVie is still"successfully navigating" Humira's patent cliff, the company's CEO Rick Gonzalez said on an earnings call last week. Those newer drugs are growing rapidly: Skyrizi's sales jumped 48% from the same period a year ago, while Rinvoq revenue spiked 59%. Meanwhile, Rinvoq is seeing uptake rise among patients with inflammatory bowel disease, ulcerative colitis and Crohn's disease, among other indications.

Change Healthcare offers tools for payment and revenue cycle management, among other solutions like e-prescription software. It carries out 15 billion billing transactions annually, and one in three patient records pass through its systems, according to the company.

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