AbbVie's fourth-quarter sales top estimates despite plunging Humira revenues
AbbVie Inc. ABBV, +1.94% on Friday reported fourth-quarter sales that topped analysts’ estimates, even as it faces low-cost competition for its top-selling drug, Humira. The drugmaker reported fourth-quarter net income of 2.473 billion, or 2.79, which included an unfavorable impact of 15 cents a share related to acquired in-process research and development expenses, matched th ...