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home / news releases / SPY - AbbVie: Why The Company Is Still Overvalued


SPY - AbbVie: Why The Company Is Still Overvalued

Summary

  • According to the financial report of Johnson & Johnson, a partner of AbbVie, sales of Imbruvica decreased in the 4th quarter of 2022 due to increased competition.
  • In less than six months, Humira's biosimilars will go on sale in the United States.
  • Botox Cosmetic sales were $637 million in Q3 2022, up 16.9% from Q3 2021, but showed a negative trend from the previous quarter.

For further details see:

AbbVie: Why The Company Is Still Overvalued
Stock Information

Company Name: SPDR S&P 500
Stock Symbol: SPY
Market: NYSE

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