For drug companies, blockbusters are defined as
those drugs with annual sales over $1 Billion. The goal for each biotech or
pharma companies is to have as many blockbusters as possible with obvious
reasons. This is especially true for small biotech companies, for which one or
two expected blockbusters may make its stock to move 50%, 100% or more
overnight. Below is the list I have seen now for the next potential
blockbusters from different companies with promising drugs in late stage Phase
3 studies. AbbVie (ABBV) stands out as the top with 4 potential BBs in its
pipeline. But keep in mind, BBs are significant for any companies but for big
pharma, they do not necessarily mean an immediate significant up-move due to
their baseline size. For example, for AbbVie, while 4 BBs are significant for
any companies, their combined annual sales as expected “only” add up to about
$5-6 B but its current major revenue is heavily relying on one biggest BB ever
in the global pharma history, a whopping $16 B drug called Humira but it is
close to its patent expiry in the next couple of years. Even all four potential
BBs are successful, it is still questionable whether they can effectively
compensate for the loss from the competition from the copycats after Humira’s
patent protection is gone. So use this list as a start point for doing some of
your own research for the companies interesting to you!
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