- CEO
- Robert A. Michael
- Full Time Employees
- 57,000
- Sector
- Healthcare
- Industry
- Drug Manufacturers - General
- Address
- 1 North Waukegan Road North Chicago IL United States of America 60064
- IPO Date
- Nov 25, 2022
- Business
- AbbVie Inc. is a research-based global biopharmaceutical company that discovers, develops, manufactures and commercializes prescription medicines, biologics and aesthetic products. The company operates principally through an Immunology portfolio, including Skyrizi (risankizumab) for psoriasis, psoriatic arthritis, Crohn’s disease and ulcerative colitis; Rinvoq (upadacitinib) for inflammatory diseases, including rheumatoid arthritis, atopic dermatitis, ulcerative colitis, Crohn’s disease and alopecia areata; Humira (adalimumab); and other therapies for immune-mediated diseases; an Oncology portfolio comprising Imbruvica (ibrutinib), Venclexta/Venclyxto (venetoclax), Epkinly (epcoritamab), Elahere (mirvetuximab soravtansine-gynx) and other cancer medicines; a Neuroscience portfolio including Vraylar (cariprazine), Ubrelvy (ubrogepant), Qulipta (atogepant), Duodopa/Duopa (levodopa/carbidopa intestinal gel), Botox Therapeutic and Parkinson’s disease candidates; and an Eye Care portfolio featuring Restasis, Lumigan, Alphagan, Vyzulta, Vuity and related ophthalmic products. AbbVie also supplies specialty medicines in gastroenterology, dermatology, rheumatology, urology, women’s health, infectious disease and other therapeutic areas.
Through its Allergan Aesthetics business, AbbVie develops and markets medical-aesthetics and consumer-facing products, including Botox Cosmetic, Juvederm dermal fillers, SkinMedica skin-care products, CoolSculpting body-contouring systems, Natrelle breast implants and related aesthetic devices and services. The company sells to wholesalers, distributors, hospitals, clinics, physicians, pharmacies, managed-care organizations and patients, with commercial operations, manufacturing facilities and research activities across the United States, Europe, Asia-Pacific, Latin America, the Middle East and Africa. AbbVie was founded in 2013 following its separation from Abbott Laboratories and is headquartered in North Chicago, Illinois, United States.
Recent strategic actions include the completion in September 2026 of the approximately $10.9 billion acquisition of Apogee Therapeutics, which adds clinical-stage inflammatory and immunology candidates, including the IL-13 antibody zumilokibart for atopic dermatitis and asthma, to AbbVie’s pipeline. The company also completed the acquisition of Capstan Therapeutics, adding an in-vivo targeted lipid nanoparticle platform and an anti-CD19 CAR-T therapy candidate for B-cell-mediated autoimmune diseases, and acquired Gilgamesh Pharmaceuticals’ Phase 2 bretisilocin program for major depressive disorder. In addition, AbbVie entered into an agreement to acquire a Tempe, Arizona device-manufacturing facility and associated intellectual property from West Pharmaceutical Services to support production of current and next-generation immunology and neuroscience medicines; secured an exclusive licensing arrangement with RegeGen for a bispecific antibody targeting advanced solid tumors; and expanded manufacturing capacity through construction of a $195 million active-pharmaceutical-ingredient facility in North Chicago, expected to support immunology, oncology and neuroscience products.