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jamtomorrow2

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jamtomorrow2

Re: rod5247 post# 4935

Tuesday, 11/22/2016 3:36:32 AM

Tuesday, November 22, 2016 3:36:32 AM

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Humira is the world's biggest selling drug with sales in 2015 of $14B and projected to be $20B by 2020. This was HALO's biggest partnered target drug by far. This is a huge blow to the partnered program. Humira also accounted for nearly 60% of Abbvie's total sales so it's not going to be replaced with something similar from Abbvie.

Everyone seems very calm but personally I would like to know why it failed.

"If all goes well, the deal could bring in a total of $130 million in milestone payments plus double-digit royalties of future sales." Double digit royalties on $20B! I want to cry.
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