Company Description
AbbVie Inc. (NYSE: ABBV) is a pharmaceutical company in the pharmaceutical preparation manufacturing industry. According to its public statements, AbbVie’s mission is to discover and deliver medicines and solutions that address serious health issues and medical challenges. The company focuses on several key therapeutic areas, including immunology, oncology, neuroscience, and eye care, and also offers products and services in its Allergan Aesthetics portfolio.
AbbVie’s common stock trades on the New York Stock Exchange under the ticker symbol ABBV, and the company has multiple series of senior notes listed on the same exchange. Regulatory filings identify AbbVie Inc. as based in North Chicago, Illinois. Through its activities in research, development, manufacturing and commercialization of medicines, AbbVie participates in the broader manufacturing sector with a specific focus on pharmaceutical preparation.
Therapeutic focus and portfolio
Company disclosures emphasize AbbVie’s work across immunology, oncology, neuroscience and eye care. In oncology, AbbVie describes an expansive portfolio and pipeline that spans blood cancers and solid tumors. The company reports that it is advancing investigational therapies and approved medicines across modalities such as T-cell engagers, BCL-2 inhibitors and antibody-drug conjugates (ADCs), as well as immuno-oncology-based therapeutics and multispecific antibodies. AbbVie also highlights its Allergan Aesthetics portfolio as part of its overall offering.
AbbVie has stated that it is evaluating numerous investigational medicines in clinical trials for a range of cancers, including multiple myeloma, follicular lymphoma, chronic lymphocytic leukemia, diffuse large B‑cell lymphoma, acute myeloid leukemia and amyloidosis. The company also reports approved therapies such as EPKINLY (epcoritamab-bysp) and VENCLEXTA (venetoclax), which are being studied further in additional indications. In immunology and neuroscience, AbbVie has referenced current and next‑generation medicines supported by its manufacturing investments in the United States.
Business activities and collaborations
AbbVie engages in research and development (R&D), manufacturing, and commercialization of pharmaceutical products. Public news releases describe collaborations, licensing agreements and acquisitions that are intended to expand its pipeline and manufacturing capabilities. For example, AbbVie has announced an exclusive licensing agreement with RemeGen for RC148, a novel investigational PD‑1/VEGF bispecific antibody for advanced solid tumors, and has described RC148 as strengthening its oncology portfolio and creating opportunities for combination regimens with AbbVie’s ADCs.
The company has also announced a definitive agreement to acquire a device manufacturing facility in Tempe, Arizona and associated intellectual property from West Pharmaceutical Services. AbbVie states that this acquisition is intended to expand its drug delivery device manufacturing capabilities and support production of current and next‑generation immunology and neuroscience medicines. In addition, AbbVie has reported a voluntary agreement with the U.S. administration that includes commitments for U.S.-based R&D and capital investments, along with expanded direct‑to‑patient offerings for certain medicines.
Oncology research and development
AbbVie describes a significant focus on oncology, particularly in difficult‑to‑treat cancers. The company reports that it is advancing a dynamic pipeline of investigational therapies across blood cancers and solid tumors, using modalities such as small molecule therapeutics, ADCs, T‑cell engagers, immuno‑oncology agents, multispecific antibodies and CAR‑T platforms. AbbVie states that it is evaluating numerous investigational medicines in multiple clinical trials and that it collaborates with partners to accelerate development of potential new treatments.
Company communications highlight data from clinical studies of investigational agents such as etentamig (ABBV‑383) and PVEK (pivekimab sunirine), as well as additional studies of venetoclax‑based regimens and epcoritamab combinations. These disclosures illustrate AbbVie’s emphasis on targeted medicines aimed at blood cancers and other malignancies, and its interest in combination regimens that may address disease heterogeneity.
U.S. manufacturing and investment footprint
AbbVie has publicly described a substantial U.S. presence. In a recent announcement, the company stated that it employs approximately 29,000 people in the United States, with more than 6,000 employees at 11 U.S. manufacturing sites, and that it has a presence in all 50 states and Puerto Rico. AbbVie has also announced plans to invest more than $10 billion of capital in the United States over a decade to support innovation and expand manufacturing capabilities and capacity, and in a separate agreement has referenced a commitment to $100 billion in U.S. research and development and capital investments over a similar timeframe.
The planned acquisition of the Tempe, Arizona manufacturing facility and on‑body injector technology is described as part of this broader commitment to U.S. pharmaceutical manufacturing. AbbVie states that this facility will be integrated into its global manufacturing network and will support production of immunology and neuroscience medicines using on‑body delivery systems.
Regulatory filings and capital markets presence
AbbVie files periodic and current reports with the U.S. Securities and Exchange Commission. Recent Form 8‑K filings discuss matters such as financial results guidance, acquired in‑process R&D and milestones expense, and settlement of litigation related to generic manufacturers of upadacitinib tablets, which AbbVie markets as RINVOQ. These filings confirm that AbbVie’s common stock and several series of senior notes are registered under Section 12(b) of the Securities Exchange Act and listed on the New York Stock Exchange.
AbbVie also issues press releases about upcoming earnings conference calls and presentations at healthcare and investor conferences. These communications typically reiterate the company’s mission, therapeutic focus areas, and its combination of pharmaceutical and aesthetics portfolios.
Patient- and community-focused initiatives
In addition to its therapeutic and financial disclosures, AbbVie has described initiatives aimed at patients and broader communities. For example, the company has supported a short film titled “Second Winds”, which follows individuals living with chronic lymphocytic leukemia and highlights their experiences. AbbVie presents this project as part of its commitment to people affected by blood cancers, alongside its scientific work in oncology.
AbbVie has also announced an agreement with the U.S. administration that includes providing low prices in Medicaid for certain medicines and expanding direct‑to‑patient offerings through a program referred to as TrumpRx. According to the company, this agreement is intended to advance access and affordability while supporting continued pharmaceutical innovation in the United States.
Stock and debt securities
According to recent SEC filings, AbbVie’s securities registered under Section 12(b) of the Exchange Act include:
- Common Stock, $0.01 par value (trading symbol: ABBV) listed on the New York Stock Exchange.
- 0.750% Senior Notes due 2027 (ABBV27) listed on the New York Stock Exchange.
- 2.125% Senior Notes due 2028 (ABBV28) listed on the New York Stock Exchange.
- 2.625% Senior Notes due 2028 (ABBV28B) listed on the New York Stock Exchange.
- 2.125% Senior Notes due 2029 (ABBV29) listed on the New York Stock Exchange.
- 1.250% Senior Notes due 2031 (ABBV31) listed on the New York Stock Exchange.
Frequently asked questions about AbbVie Inc. (ABBV)
- What does AbbVie Inc. do?
AbbVie Inc. is a pharmaceutical company in the pharmaceutical preparation manufacturing industry. The company states that its mission is to discover and deliver medicines and solutions that address serious health issues, with a focus on therapeutic areas such as immunology, oncology, neuroscience and eye care, along with products and services in its Allergan Aesthetics portfolio.
- In which therapeutic areas does AbbVie focus its research and products?
AbbVie reports that it concentrates on immunology, oncology, neuroscience and eye care. It also highlights its Allergan Aesthetics portfolio. Within oncology, AbbVie describes work in blood cancers and solid tumors using modalities such as T‑cell engagers, BCL‑2 inhibitors and antibody‑drug conjugates.
- On which exchange does AbbVie’s stock trade and what is its ticker symbol?
According to AbbVie’s SEC filings, its common stock is registered under Section 12(b) of the Securities Exchange Act and trades on the New York Stock Exchange under the ticker symbol ABBV.
- Where is AbbVie based?
Regulatory filings list AbbVie Inc.’s principal location in North Chicago, Illinois. The company also describes a presence in all 50 U.S. states and Puerto Rico, with multiple U.S. manufacturing sites.
- What types of oncology treatments does AbbVie work on?
AbbVie reports that it is advancing therapies for multiple blood cancers and solid tumors. It highlights investigational and approved treatments that include T‑cell engagers, BCL‑2 inhibitors, antibody‑drug conjugates, immuno‑oncology agents, multispecific antibodies and CAR‑T platforms. Medicines such as EPKINLY (epcoritamab-bysp) and VENCLEXTA (venetoclax) are cited in company communications.
- How is AbbVie investing in U.S. manufacturing?
AbbVie has publicly announced plans to invest substantial capital in U.S. research and development and manufacturing over a decade. It has also disclosed a definitive agreement to acquire a device manufacturing facility in Tempe, Arizona, which is intended to expand drug delivery device manufacturing capabilities for immunology and neuroscience medicines.
- What is AbbVie’s agreement with the U.S. administration regarding access and affordability?
AbbVie has announced a voluntary agreement with the U.S. administration under which it will provide low prices in Medicaid and expand direct‑to‑patient offerings through TrumpRx for certain medicines. In connection with this agreement, AbbVie has described commitments to U.S. R&D and capital investments and has noted that the agreement includes exemptions from tariffs and future pricing mandates.
- What role do collaborations play in AbbVie’s business?
Company news releases describe collaborations and licensing agreements as important to AbbVie’s pipeline. Examples include the exclusive licensing agreement with RemeGen for RC148, a PD‑1/VEGF bispecific antibody, and co‑development and commercialization arrangements for EPKINLY (epcoritamab-bysp) with Genmab and for VENCLEXTA (venetoclax) with Roche and Genentech.
- Which AbbVie securities besides common stock are listed on exchanges?
SEC filings indicate that, in addition to common stock, AbbVie has several series of senior notes listed on the New York Stock Exchange, including 0.750% Senior Notes due 2027, 2.125% Senior Notes due 2028, 2.625% Senior Notes due 2028, 2.125% Senior Notes due 2029 and 1.250% Senior Notes due 2031.
- How does AbbVie describe its commitment to patients with blood cancers?
AbbVie emphasizes both scientific and community-focused efforts in blood cancers. It reports clinical research across multiple hematologic malignancies and has supported projects such as the “Second Winds” short film, which shares personal stories of people living with chronic lymphocytic leukemia.
Stock Performance
Abbvie (ABBV) stock last traded at $205.07, down 0.11% from the previous close. Over the past 12 months, the stock has lost 3.3%, ranking #1,138 in 52-week price change. At a market capitalization of $364.6B, ABBV is classified as a mega-cap stock with approximately 1.8B shares outstanding.
Latest News
Abbvie has 10 recent news articles, with the latest published 4 days ago. Of the recent coverage, 4 articles coincided with positive price movement and 6 with negative movement. Key topics include clinical trial, fda approval, dividends, earnings. View all ABBV news →
SEC Filings
Abbvie has filed 5 recent SEC filings, including 2 Form 4, 1 Form 144, 1 Form 4/A, 1 Form PRE 14A. The most recent filing was submitted on March 11, 2026. SEC filings provide transparency into a company's financial condition, material events, and regulatory compliance. View all ABBV SEC filings →
Insider Radar
Insider selling at Abbvie over the past 90 days can reflect routine portfolio management, scheduled trading plans (Rule 10b5-1), tax planning, or compensation-related dispositions rather than a directional view on the stock.
Financial Highlights
Abbvie generated $61.2B in revenue over the trailing twelve months, retaining a 70.2% gross margin, operating income reached $15.1B (24.6% operating margin), and net income was $4.2B, reflecting a 6.9% net profit margin. Diluted earnings per share stood at $2.36. The company generated $19.0B in operating cash flow. With a current ratio of 0.67, short-term liquidity bears monitoring.
Upcoming Events
Dividend record date
Presentation at AMWC 2026
Dividend payment date
API facility operational
API facility operational
API facilities fully operational
Abbvie has 6 upcoming scheduled events. The next event, "Dividend record date", is scheduled for April 15, 2026 (in 23 days). 2 of the upcoming events are financial in nature, such as earnings calls or quarterly results. Investors can track these dates to stay informed about potential catalysts that may affect the ABBV stock price.
Short Interest History
Short interest in Abbvie (ABBV) currently stands at 19.7 million shares, down 10.7% from the previous reporting period, representing 1.1% of the float. Over the past 12 months, short interest has increased by 14.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Abbvie (ABBV) currently stands at 2.8 days, down 5.8% from the previous period. This days-to-cover ratio represents a balanced liquidity scenario for short positions. The days to cover has increased 24.8% over the past year, indicating improving liquidity conditions. The ratio has shown significant volatility over the period, ranging from 1.5 to 3.8 days.
ABBV Company Profile & Sector Positioning
Abbvie (ABBV) operates in the Drug Manufacturers - General industry within the broader Pharmaceutical Preparations sector and is listed on the NYSE. Among dividend-paying stocks, ABBV ranks #770 by dividend yield. In monthly performance, the stock ranks #1,546 among all tracked companies.
Investors comparing ABBV often look at related companies in the same sector, including Johnson & Johnson (JNJ), AstraZeneca (AZN), Novartis (NVS), Lilly Eli & Co (LLY), and Novo-Nordisk A/S (NVO). Comparing financial metrics, valuation ratios, and stock performance across these peers can help investors evaluate ABBV's relative position within its industry.