AbbVie Inc

AbbVie is a pharmaceutical and biotech company that specializes in developing and marketing drugs. The company’s heavy investment in R&D has led it to develop a robust pipeline of innovative medicines primarily for the treatment of immunological and oncological diseases. If you are looking for a biotech with a leading reputation and a policy of continuous innovation, AbbVie might be the stock for you.

$187.66
(as of Oct 23, 11:19 AM EST)

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Ticker Information for AbbVie Inc

Stock Price
$187.67
Ticker Symbol
ABBV
Exchange
NYSE

Industry Information for AbbVie Inc

Sector
Healthcare
Industry
Drug Manufacturers - General

Company Description for AbbVie Inc

Country
USA
Full Time Employees
50,000

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals worldwide. The company offers Humira, an injection for autoimmune and intestinal Behçet's diseases, and pyoderma gangrenosum; Skyrizi to treat moderate to severe plaque psoriasis, psoriatic disease, and Crohn's disease; Rinvoq to treat rheumatoid and psoriatic arthritis, ankylosing spondylitis, atopic dermatitis, axial spondyloarthropathy, ulcerative colitis, and Crohn's disease; Imbruvica for the treatment of adult patients with blood cancers; Epkinly to treat lymphoma; Elahere to treat cancer; and Venclexta/Venclyxto to treat blood cancers. It also provides facial injectables, plastics and regenerative medicine, body contouring, and skincare products; botox therapeutic; Vraylar for depressive disorder; Duopa and Duodopa to treat advanced Parkinson's disease; Ubrelvy for the acute treatment of migraine in adults; and Qulipta for episodic and chronic migraine. In addition, the company offers Ozurdex for eye diseases; Lumigan/Ganfort and Alphagan/Combigan for the reduction of elevated intraocular pressure in patients with open angle glaucoma or ocular hypertension; Restasis to increase tear production; and other eye care products. Further, it provides Mavyret/Maviret to treat chronic hepatitis C virus genotype 1-6 infection; Creon, a pancreatic enzyme therapy; Lupron to treat advanced prostate cancer, endometriosis and central precocious puberty, and patients with anemia caused by uterine fibroids; Linzess/Constella to treat irritable bowel syndrome with constipation and chronic idiopathic constipation; and Synthroid for hypothyroidism. It has collaborations with Calico Life Sciences LLC; REGENXBIO Inc.; Janssen Biotech, Inc.; and Genentech, Inc., as well as collaboration with Tentarix Biotherapeutics, LP to develop conditionally-active and multi-specific biologics for oncology and immunology. The company was incorporated in 2012 and is headquartered in North Chicago, Illinois.

Fundamentals for AbbVie Inc

Market Capitalization
$333,414,334,464
EBITDA
$26,121,000,960
Dividends per Share
$6.13
P/E Ratio
63.34
Forward P/E Ratio
15.55
Earnings per Share
$2.98
Earnings per Share Estimate Next Year
$12.07
Profit Margin
9.71%
Shares Outstanding
1,766,339,968
Percent Owned by Insiders
0.09%
Percent Owned by Institutions
73.32%
52-Week High
$198.35
52-Week Low
$131.05

Technical Indicators for AbbVie Inc

50-Day Moving Average
$194.25
200-Day Moving Average
$176.53
RSI
40.57
2.96

Analyst Ratings for AbbVie Inc

Strong Buy
10
Buy
9
Hold
10
Sell
0
Strong Sell
0

News About AbbVie Inc

Oct 21, 2024, 8:00 AM EST
MONTREAL, Oct. See more.
Oct 19, 2024, 8:30 PM EST
https://www.tipranks.com/news/the-fly/allergans-botox-cosmetic-gets-fda-approval-in-jaw-neck-bands See more.
Oct 18, 2024, 7:44 PM EST
The Only Product of Its Kind Approved for Use in Four Aesthetic Indications: Temporary Improvement in the Appearance of Moderate to Severe Forehead Lines, Frown Lines, Crow's Feet Lines, and Now Platysma Bands in Adults1-5 With this Approval, BOTOX® Cosmetic is the First and Only Aesthetic Neurotoxin Product to Temporarily Improve the Appearance of Moderate to Severe Vertical Bands Connecting the Jaw and Neck (Platysma Bands) in Adults1-5 See more.
Oct 18, 2024, 3:25 PM EST
We recently published a list of 10 Best Medical Stocks to Buy Now. See more.
Oct 18, 2024, 3:00 PM EST
This week, Johnson & Johnson JNJ began the third-quarter earnings season for the drug and biotech sector. See more.