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DewDiligence

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Re: DewDiligence post# 231766

Friday, 07/31/2020 9:36:22 AM

Friday, July 31, 2020 9:36:22 AM

Post# of 252589
ABBV’s 2Q20 Mavyret sales=$376M, -33% QoQ, -51% YoY—the decline was attributable to fewer new-patient starts during the COVID-19 pandemic:

https://news.abbvie.com/news/press-releases/abbvie-reports-second-quarter-2020-financial-results.htm

ABBV lowered full-year-2020 Mavyret sales to $2.1B (from the prior guidance of $2.3B), which implies 2H20 Mavyret sales of $1.0-1.1B.

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

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