Delayed Humira Biosimilar Boosts AbbVie's Fair Value

Pfizer won't be able to access the U.S. market with its biosimilar version until late 2023, providing AbbVie with additional years of exclusivity and strong cash flows.

Damien Conover, CFA Dec 1, 2018

Securities in This Article

We are increasing our

Morningstar Premium Members gain exclusive access to our full analyst reports, including fair value estimates, bull and bear breakdowns, and risk analyses. Not a Premium Member? Get this and other reports immediately when you try Morningstar Premium free for 14 days.

Sponsor Center

Transparency is our policy. Learn how it impacts everything we do

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

How we make money

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your personal data

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

Verify your identity, personalize the content you receive, or create and administer your account.
Provide specific products and services to you, such as portfolio management or data aggregation.
Develop and improve features of our offerings.
Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

How we approach editorial content

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.

United States

Delayed Humira Biosimilar Boosts AbbVie's Fair Value

4 Stocks to Buy Before They Rise Further

The 10 Best Companies to Invest in Now

2 Undervalued Stocks to Buy Before They Rebound

14 Elite Funds and ETFs, and 5 Popular Funds That Just Missed the Mark

The 10 Best Dividend Stocks

How to Strengthen Your Income Portfolio

Tariffs Would Likely Hit These US Stock Sectors the Hardest

Here Are the Sectors and Industries That Are Vulnerable if Reciprocal Tariffs Come Back

Tariffs and Stock Valuations: Answering Your Questions

4 Core Stocks to Buy and Hold During Tariff Turbulence

After Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?

Eli Lilly Earnings: Strong Diabetes and Obesity Sales Continue

Going Into Earnings, Is Eli Lilly Stock a Buy, a Sell, or Fairly Valued?

Pfizer Earnings: Seagen Sales Help Offset Lost Covid Sales as Pipeline Strengthens

AbbVie Earnings: Firm Sees Strong Next-Generation Immunology Drugs Sales

Sponsor Center

What We Do

Company

Get Help