- Business
- AbbVie Inc. (ABBV.BA) is a research-driven global biopharmaceutical company that discovers, develops, manufactures and markets innovative medicines and therapies focused on immunology, oncology, neuroscience, eye care, virology, gastroenterology and womens health; its core products include Humira (adalimumab) for autoimmune diseases such as rheumatoid arthritis, psoriatic arthritis, plaque psoriasis, Crohns disease and ulcerative colitis; Skyrizi (risankizumab), an interleukin-23 inhibitor for autoimmune conditions; Rinvoq (upadacitinib) for arthritis and other inflammatory diseases; Botox for aesthetics and therapeutic uses; Imbruvica (ibrutinib) for blood cancers; Vraylar (cariprazine) for schizophrenia and bipolar disorder; Venclexta (venetoclax) for leukemia and lymphoma; Mavyret (glecaprevir/pibrentasvir) for hepatitis C; and Epkinly (epcoritamab) for blood cancers, with a robust pipeline including candidates like ABBV-383 for multiple myeloma, Emrelis (Teliso-V) for lung cancer and Vyalev for Parkinsons disease. Founded in 2013 as a spin-off from Abbott Laboratories and headquartered in North Chicago, Illinois, the company employs approximately 50,000 people worldwide and operates in more than 70 countries, serving millions of patients annually through its commercial scale and external innovation partnerships. Recent developments include the acquisition of Capstan Therapeutics for up to $2.1 billion in June 2025 to advance in vivo CAR-T therapies for autoimmune diseases, fibrosis and cancer; completion of the Capstan deal and earlier acquisitions such as Nimble Therapeutics for $200 million, Aliada Therapeutics for $1.4 billion and Cerevel Therapeutics for $8.7 billion in 2024 to bolster neuroscience and oncology pipelines; partnerships with Neomorph for $1.64 billion on molecular glue degraders and Simcere Zaiming for $1 billion on multiple myeloma treatments in January 2025; a $70 million expansion of biologics manufacturing in Worcester, Massachusetts announced in September 2025; and a $195 million investment in active pharmaceutical ingredient production earlier in 2025, alongside FDA approval of Emrelis in May 2025 and ongoing leadership transition with Robert Michael as CEO since June 2024.