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Chicago Tribune
Chicago Tribune
Business
Lisa Schencker

Federal government to penalize AbbVie over the price of its blockbuster drug Humira

AbbVie United States Medicare Inflation North Chicago

North Chicago-based drugmaker AbbVie must pay back Medicare for raising the price of its blockbuster drug Humira too quickly, the federal government said Wednesday.

The penalty follows years of criticism over the price of Humira and legal maneuvering by AbbVie that staved off competition for the drug in the U.S. until this year.

AbbVie did not immediately respond to requests for comment Wednesday morning.

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