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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: Rheumatoid Arthritis Medication Manufacturing, Biotechnology 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

  • 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
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Abbvie Inc. - Analyst Insights

As COVID-19 variants emerge, AbbVie has collaborated with Scripps Research to deliver treatments

In an effort to further combat COVID-19 (coronavirus), Abbvie announced in 2022 that it is partnering with Scripps Research to deliver antiviral treatment solutions for the virus. As a non-profit biomedical and drug discovery institution, Scripps Research specializes in working with scientists to deliver new medicines to patients for a variety of diseases. Concerned about new COVID-19 virus variants, AbbVie will use its expertise and manufacturing capabilities to enhance Scripps’ current SARS-CoV-2 research program which has been operating under Calibr, a division at Scripps Research.

COVID|Product Innovation|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 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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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
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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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