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DewDiligence

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DewDiligence

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Tuesday, 04/23/2019 8:00:15 PM

Tuesday, April 23, 2019 8:00:15 PM

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FDA approves ABBV’s Skyrizi (risankizumab) for psoriasis:

https://finance.yahoo.com/news/abbvie-expands-immunology-portfolio-u-221900007.html

Skyrizi, an IL-23 antagonist, is one of the drugs ABBV is counting on to compensate for lost sales when Humira biosimilars are launched in the US.

Skyrizi is jointly owned by ABBV and B-I. It has received approval in the EU (CHMP recommendation) and Japan.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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