Welcome to our dedicated page for Abbvie news (Ticker: ABBV), a resource for investors and traders seeking the latest updates and insights on Abbvie stock.
AbbVie Inc. (NYSE: ABBV) is a pharmaceutical preparation manufacturing company that regularly issues news on its medicines, research programs, collaborations and manufacturing plans. Company communications emphasize a mission to discover and deliver medicines and solutions in key therapeutic areas such as immunology, oncology, neuroscience and eye care, as well as offerings in its Allergan Aesthetics portfolio.
News about AbbVie often covers clinical and scientific developments, particularly in oncology and blood cancers. The company has reported new data at major medical meetings, including results for investigational agents like etentamig (ABBV‑383) and PVEK, and updates on approved medicines such as EPKINLY (epcoritamab-bysp) and VENCLEXTA (venetoclax). Releases may detail trial outcomes, regulatory milestones, and additional indications under investigation.
Investors and observers can also find corporate and financial updates in AbbVie’s news flow, including announcements of earnings conference calls, participation in healthcare and investor conferences, and guidance-related information that aligns with its SEC filings. The company additionally highlights strategic agreements and collaborations, such as its exclusive licensing agreement with RemeGen for the PD‑1/VEGF bispecific antibody RC148 and its voluntary agreement with the U.S. administration focused on access, affordability and U.S.-based investment.
Another recurring theme in AbbVie’s news is manufacturing and investment activity. The company has announced a definitive agreement to acquire a device manufacturing facility in Tempe, Arizona, to expand drug delivery device manufacturing for immunology and neuroscience medicines, and has referenced multi‑year commitments to U.S. R&D and capital investments. AbbVie also publishes stories on patient- and community-focused initiatives, such as the “Second Winds” film about people living with chronic lymphocytic leukemia. For readers tracking ABBV, this news stream provides insight into the company’s research pipeline, regulatory progress, capital allocation and patient engagement efforts.
AbbVie announced the commencement of its Registered Exchange Offers to exchange existing senior unsecured notes for registered notes. The offers include $30 billion of 2019 USD Notes, $13.25 billion of 2020 USD Notes, and €2.52 billion of Euro Notes. This initiative aims to satisfy obligations under registration rights agreements from prior bond issues related to AbbVie's acquisition of Allergan. The exchange does not represent a new financing transaction and will ensure improved liquidity for investors.
AbbVie has received full FDA approval for VENCLEXTA® (venetoclax) in combination with azacitidine, decitabine, or low-dose cytarabine for treating newly-diagnosed acute myeloid leukemia (AML) in adults over 75 or those unable to receive intensive chemotherapy. This follows accelerated approval in 2018. The Phase 3 VIALE-A trial revealed a 34% reduction in death risk for patients using VENCLEXTA plus azacitidine, with a median overall survival of 14.7 months versus 9.6 months with placebo. However, the VIALE-C trial did not meet its primary endpoint for OS improvement.
Allergan Aesthetics, a subsidiary of AbbVie (NYSE: ABBV), will present four abstracts at the virtual American Society for Dermatologic Surgery (ASDS) meeting from October 9-11, 2020. Key presentations include:
- Patient Satisfaction Following Chin Augmentation With Hyaluronic Acid Fillers, presented by Joely Kaufman on October 10 at 11:27 a.m..
- Treatment of Upper Facial Lines With OnabotulinumtoxinA, presented by Joel L. Cohen on October 11 at 10:27 a.m..
The abstracts will focus on safety, efficacy, and patient satisfaction related to aesthetic treatments.
Allergan Aesthetics, a subsidiary of AbbVie (NYSE: ABBV), has announced its agreement to acquire Luminera, an Israel-based aesthetics company specializing in dermal fillers. This acquisition will enhance Allergan's existing JUV DERM® filler portfolio with Luminera's innovative products, including the differentiated HArmonyCa filler. The deal aims to strengthen Allergan Aesthetics' position in the global aesthetics market, providing new offerings for healthcare professionals and patients. The full dermal filler portfolio will also support international development opportunities.
AbbVie will announce its third-quarter 2020 financial results on October 30, 2020, before market opening. A live webcast of the earnings conference call is scheduled for 8 a.m. Central time. The event can be accessed through AbbVie's Investor Relations website, with an archived version available later that day. AbbVie is dedicated to developing innovative medicines for serious health issues in various therapeutic areas.
AbbVie (NYSE: ABBV) announced its participation at the 2020 Virtual Migraine Trust International Symposium from October 3-9, showcasing findings from 15 clinical trials. Key highlights include new data from the Phase 3 ADVANCE trial for atogepant, a CGRP receptor antagonist aimed at migraine prevention. The symposium will feature oral presentations on October 7, outlining atogepant’s efficacy and safety, as well as research on BOTOX® and UBRELVY®. The ongoing efforts reflect AbbVie's commitment to advancing migraine treatment amid a significant global health burden affecting over 1 billion individuals.
AbbVie announced that the FDA has granted Orphan Drug and Fast Track designations for elezanumab (ABT-555), an investigational monoclonal antibody targeting spinal cord injury. Elezanumab aims to promote neuronal regeneration by inhibiting repulsive guidance molecule A (RGMa) and is currently in a phase 2 study. The company is partnering with Shirley Ryan AbilityLab and MC10 for a pilot study to optimize treatment approaches. These designations highlight AbbVie's commitment to addressing serious medical conditions and potentially expediting the development of new therapies for patients.
Allergan Aesthetics, part of AbbVie, has announced actress Malin Akerman as the first U.S. ambassador for its body contouring portfolio, which includes CoolSculpting® and CoolTone™. Both treatments cater to non-surgical fat reduction and muscle toning. Akerman has personally benefited from these procedures, targeting stubborn fat and enhancing muscle strength. With over 4 million people considering non-invasive body contouring, the partnership aims to educate consumers on these options. Special promotional gift cards are available for CoolSculpting and CoolTone treatments until the end of 2020.
AbbVie (NYSE: ABBV) will present findings from numerous studies, including the DYSCOVER study on DUODOPA® and advanced Parkinson's disease, during the 2020 International Congress of Parkinson's Disease and Movement Disorders, from September 12-16. The 12-week DYSCOVER study is the first to compare DUODOPA's efficacy against optimized medical treatment on dyskinesia, an involuntary movement symptom. Additionally, data on ABBV-951, a new treatment for advanced PD, will also be showcased. Overall, 18 abstracts will be presented, highlighting AbbVie's commitment to addressing Parkinson's disease challenges.
AbbVie Inc. (NYSE: ABBV) declared a quarterly cash dividend of $1.18 per share, payable on November 16, 2020, to stockholders of record as of October 15, 2020.
Since its inception, AbbVie has increased its dividend by 195% and is part of the S&P Dividend Aristocrats Index, recognizing companies with a history of annual dividend increases over 25 years.