By Colin Kellaher

 

AbbVie Inc. on Thursday said a Phase 3 induction study of its blockbuster psoriasis drug Skyrizi met the key goals in adults with the chronic inflammatory bowel disease ulcerative colitis.

The North Chicago, Ill., biopharmaceutical company said Skyrizi met the primary endpoint of clinical remission, along with all secondary endpoints, in adults with moderately to severely active ulcerative colitis.

AbbVie said 20.3% of patients receiving Skyrizi in the study achieved clinical remission, compared to 6.2% of patients receiving placebo, adding that it saw no new safety risks.

AbbVie reported global revenue of nearly $5.2 billion last year for Skyrizi, which is approved by in the U.S. and Europe for the treatment of plaque psoriasis, psoriatic arthritis and Crohn's disease.

AbbVie is relying on Skyrizi and fellow blockbuster autoimmune drug Rinvoq to make up for lost sales for its mega-blockbuster Humira, the highest-grossing drug of all time that faces the end of U.S. patent protection this year.

AbbVie earlier this year raised its 2025 risk-adjusted sales target for Rinvoq and Skyrizi to more than $17.5 billion, including more than $10 billion for Skyrizi.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 23, 2023 09:11 ET (13:11 GMT)

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