AbbVie logo

AbbVie ABBV

$ 167.59 0.61%

Quarterly report 2024-Q3
added 11-04-2024

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Country

usaUSA

IPO year

2012

Industry

Biotechnology

Stock Exchange

NYSESPB

CEO

Mr. Richard Gonzalez

Employees in the company

47 000

Shares

1.77 B

Market Cap[1]

$ 296 B

EBITDA (LTM)

$ 13.7 B

P/E (LTM)

58.63

P/S (LTM)

6.43

EPS (LTM)

3.42

AbbVie is a global biopharmaceutical company that focuses on discovering, developing, and delivering innovative medicines to treat serious health conditions. Founded in 2013, AbbVie has quickly become a leader in the industry with a portfolio of products that includes some of the world's most widely used and trusted drugs.

The company's research and development efforts are focused on finding new treatments for diseases such as cancer, immunological disorders, and neurological conditions. AbbVie's pipeline of potential therapies is robust, with more than 50 compounds in clinical development across multiple therapeutic areas.

In addition to its focus on research and development, AbbVie is committed to improving patient outcomes through collaboration and partnerships with healthcare providers, patient advocacy groups, and other stakeholders. The company works closely with these organizations to develop programs and initiatives that support patient access to care and promote better health outcomes.

AbbVie is also dedicated to sustainability and corporate responsibility. The company has set ambitious goals to reduce its environmental impact, including reducing greenhouse gas emissions and water usage. AbbVie also invests in programs that support local communities, including education, economic development, and healthcare initiatives.

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References

  1. Pavone, P. (2019). Market capitalization and financial variables: Evidence from Italian listed companies. International Journal of Academic Research Business and Social Sciences, 9(3), 1356-1371.