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Abbvie inc. - Company Profile

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Abbvie inc. - Overview

Brands
Humira (adalimumab), Imbruvica (ibrutinib), Kaletra (lopinavir), Mavyret/Maviret (glecaprevir/pibrentasvir), Norvir (ritonavir), Skyrizi (risankizumab), Venclexta (venetoclax), Zinbryta (daclizumab)
Description
Abbvie inc. is a public company headquartered in Illinois with an estimated 50,000 employees. In the US, the company has a notable market share in at least three industries: Brand Name Pharmaceutical Manufacturing, Biotechnology, Rheumatoid Arthritis Medication Manufacturing and Brand Name Pharmaceutical Manufacturing. Their largest market share is in the Rheumatoid Arthritis Medication Manufacturing industry, where they account for an estimated 34.8% of total industry revenue and are considered an All Star because they display stronger market share, profit and revenue growth compared to their peers.
Company Details

Registered Name: Abbvie inc.

Company Type: Operating

Exchange: NYSE

Headquarters: 1 North Waukegan Road North Chicago IL 60064

Website: http://www.abbvie.com

Employees: 50000

Abbvie inc. - Operating Industries and Main Competitors

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Abbvie inc. - Products and Services

  • Brand Name Pharmaceutical Manufacturing in the US

    • Of the 8 core revenue-generating products and services in the Brand Name Pharmaceutical Manufacturing in the US industry, Abbvie inc. offers:
    • Autoimmune prescriptions
    • Oncology prescriptions
    • Other prescriptions

  • Biotechnology in the US

    • Of the 5 core revenue-generating products and services in the Biotechnology in the US industry, Abbvie inc. offers:
    • Human health technologies
error_outline To view Abbvie inc.'s full products and services, see purchase options.

Abbvie inc. - Analyst Insights

AbbVie and Cugene Inc. collaborate to deliver autoimmune disease solutions

In May of 2022, AbbVie and Cugene Inc. announced their partnership in fighting autoimmune diseases. Making efforts to create potential therapy solutions, both companies have signed a license option agreement relating to novel IL-2 muteins, which includes CUG252. Under the agreement, Cugene will receive $48.5 million, as well as additional compensation, while AbbVie will be given an option to receive an exclusive license for IL-2 muteins. Throughout the period, Cugene will begin a Phase 1b study for patients with autoimmune and inflammatory diseases. Meanwhile, AbbVie will deliver manufacturing and commercialization services as well as conduct future clinical developments.

New Activity


In response to volatile demand in the wake of the first COVID-19 surge, the company undertook a comprehensive cost reduction program, aimed at shoring up labor and supply costs.

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Abbvie inc. - SWOT Analysis

Strengths and weaknesses take into account internal factors, and are based on Abbvie inc.'s performance in comparison to its competitors. Opportunities and Threats focus on external influences, and are based on trends and demand in the Brand Name Pharmaceutical Manufacturing in the US, Biotechnology in the US, and Rheumatoid Arthritis Medication Manufacturing in the US industries.
Strengths
Days Receivables: x.x%
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Rank: 2 of 3 peers
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Annual Turnover: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Weaknesses
Credit Risk: x.x%
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Revenue per Employee: $xx
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Rank: 2 of 3 peers
Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.
Opportunities
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Threats
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error_outline To view Abbvie inc.'s full SWOT analysis, see purchase options.

Abbvie inc. - Financial Statements & Ratios

pie_chartAbbvie inc. Income Statement

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Revenue56,197.045,804.033,266.032,753.028,216.025,638.0
Cost of Revenue000000000000000000000000
Cost of Revenue, Non-Cash000000000000000000000000
Gross Profit000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartAbbvie inc. Balance Sheet

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Cash and Equivalents9,746.08,449.039,924.07,289.09,303.05,100.0
Short-Term Investments000000000000000000000000
Derivative Assets, Current000000000000000000000000
Restricted Cash and Investments000000000000000000000000
AAAAAA AAAAAA000000000000000000000000

pie_chartAbbvie inc. Cash Flow

BALANCE DATE12/31/202112/31/202012/31/201912/31/201812/31/201712/31/2016
Net Income11,549.04,622.07,882.05,687.0N/AN/A
Income (Loss) From Discontinued Operations000000000000000000000000
Depreciation, Depletion and Amortization000000000000000000000000
Amortization of Financing Costs and Discounts000000000000000000000000
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