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Price
Target price
€177.58

€177.58

0.560%
0.98
0.560%
€181.45
 
30.08.24 / Tradegate WKN: A1J84E / Symbol: ABBV / Name: AbbVie / Stock / Pharmaceuticals / Large Cap /
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Description AbbVie

AbbVie (ABBV) is a publicly listed pharmaceuticals company headquartered in North Chicago, Illinois, United States. It was established in 2013 as a spinoff from Abbott Laboratories, and currently operates in more than 175 countries worldwide. The company has over 47,000 employees and specializes in research, development, and the commercialization of advanced therapies for a variety of diseases, including immunology, oncology, neuroscience, and virology.

ABBV's flagship product is Humira, which is used to treat a range of autoimmune conditions such as rheumatoid arthritis, psoriasis, Crohn's disease, and ulcerative colitis. Humira is one of the best-selling prescription drugs globally, generating over $19 billion in 2019.

In addition to Humira, AbbVie also has several other leading drugs in its product portfolio, including Imbruvica, which is used to treat B-cell malignancies like leukemia and lymphoma, and Skyrizi, which is used to treat psoriasis.

ABBV is listed on the New York Stock Exchange (NYSE) under the ticker symbol ABBV, and it is a constituent of the S 500 index. As of 2021, AbbVie has a market capitalization of over $180 billion, making it one of the largest pharmaceutical companies in the world.

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Competitors of AbbVie

AbbVie's most important competitors in the pharmaceutical industry are:

1. Johnson Johnson (Symbol: JNJ)
2. Pfizer Inc. (Symbol: PFE)
3. Merck Co., Inc. (Symbol: MRK)
4. Roche Holding AG (Symbol: RHHBY)
5. Sanofi S.A. (Symbol: SNY)

These companies are all large multinational pharmaceutical companies with strong development pipelines, extensive product portfolios, and substantial global reach. They compete with AbbVie in areas such as immunology, oncology, virology, and neuroscience. In addition, they all have a significant presence in emerging markets, where they are competing to capture market share and grow their businesses. Competition in the pharmaceutical industry is intense, and these companies are continually striving to develop new and innovative drugs to stay ahead of their rivals.

Suppliers of AbbVie

AbbVie is a global biopharmaceutical company that focuses on discovering, developing, and delivering innovative medicines to patients. The company has a number of important suppliers that help it manufacture the drugs it develops, and ensure the quality and safety of its products. Here are some of the most important suppliers of AbbVie:

1. Raw materials suppliers: AbbVie sources raw materials such as chemical compounds, active pharmaceutical ingredients (APIs), excipients, and packaging materials from a wide range of suppliers around the world. These include large chemical and pharmaceutical companies, as well as smaller suppliers specialized in specific raw materials.

2. Contract manufacturers: AbbVie works with a number of contract manufacturers to produce its drugs on a large scale. These manufacturers operate facilities in the United States, Europe, and Asia, and are selected based on their expertise in specific manufacturing processes and their ability to meet AbbVie's quality standards.

3. Equipment and technology suppliers: AbbVie also relies on a variety of suppliers for equipment and technology used in its manufacturing processes. These include providers of specialized laboratory equipment, automated drug manufacturing systems, and software systems for tracking and documenting production processes.

4. Service providers: AbbVie works with a range of service providers to ensure the quality and safety of its products. These include companies that provide testing and analysis of raw materials and finished products, logistics and transportation services, and certification and compliance services.

Overall, AbbVie's suppliers play a critical role in the company's ability to develop and deliver innovative medicines to patients around the world. The company has established strong relationships with these suppliers to ensure the reliability and consistency of its supply chain, and continues to seek out new partners to support its ongoing research and development efforts.

Financial data and news for AbbVie

sharewise wants to provide you with the best news and tools for AbbVie, so we directly link to the best financial data sources.

News

Lock in Gains: 3 Dividend Stocks Poised to Boost Payouts Soon: https://www.marketbeat.com/logos/articles/med_20240815115124_3-dividend-stocks-that-will-pay-more-in-2025.jpg
Lock in Gains: 3 Dividend Stocks Poised to Boost Payouts Soon

Investors looking for a respite from the ongoing market volatility may want to seek out dividend-paying stocks. The benefit of these stocks is that they give you an opportunity for reliable income

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2 Monster Stocks You Can Buy Right Now Before They Surge Even Higher

Many investors are worried about a resurgence of turbulence in the markets and what that could mean for stocks in the weeks and months ahead. But great businesses can withstand the test of time and

2 Incredibly Cheap Healthcare Stocks to Buy Now: https://g.foolcdn.com/editorial/images/788637/businesswoman-remote-work-from-cafe.jpg
2 Incredibly Cheap Healthcare Stocks to Buy Now

The healthcare sector has historically been a resilient place for investors to park cash. The companies that operate in this space often provide life-saving medicines, devices, and solutions that

Bull Market Buys: 3 Dividend Stocks to Own for the Long Run: https://g.foolcdn.com/editorial/images/788680/young-woman-smiling-hands-behind-head.jpg
Bull Market Buys: 3 Dividend Stocks to Own for the Long Run

Some investors might have been worried only a few weeks ago that the bull market was screeching to a halt. Those concerns should now be largely alleviated.

When you plan to hold stocks long-term

Prediction: Eli Lilly's Latest Move Will Threaten AbbVie Stock: https://g.foolcdn.com/editorial/images/788184/3-investors-gather-around-a-laptop.jpg
Prediction: Eli Lilly's Latest Move Will Threaten AbbVie Stock

Eli Lilly's (NYSE: LLY) insatiable hunger to squeeze even more money out of its best-selling therapies is starting to look downright impressive. With its research and clinical groups firing on all

3 High-Yield Stocks to Buy Now That Have Increased Their Dividends for 25 Years or More: https://g.foolcdn.com/editorial/images/787338/pipeline-welder.jpg
3 High-Yield Stocks to Buy Now That Have Increased Their Dividends for 25 Years or More

What do income investors like better than a stock that pays a juicy dividend yield? The answer is easy: A stock with a juicy dividend yield that's likely to grow its dividend payout over time.

Such

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3 High-Yielding Dividend Growth Stocks That Retirees Can Rely On for Recurring Income

If you're a retiree looking to make the most of your nest egg, putting money into dividend stocks can be a great way to do that. You can help maximize the recurring income you earn by investing in

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3 Stocks Retirees Should Absolutely Love

Many retirees are investors for a good reason: They can't rely entirely on Social Security to fund their retirement. Investing wisely provides a means to retire comfortably.

Three Motley Fool

Why AbbVie Stock Was Cruising Higher on Thursday: https://g.foolcdn.com/editorial/images/784666/patient-and-physician-smiling-during-a-visit.jpg
Why AbbVie Stock Was Cruising Higher on Thursday

AbbVie (NYSE: ABBV) stock was the cure for what ails a portfolio on Thursday. The sturdy pharmaceutical company was a favorite of investors, who were trading its shares up by nearly 4% in price in

AbbVie (ABBV) Q2 2024 Earnings Call Transcript: https://g.foolcdn.com/editorial/images/1/featured-transcript-logo-template-2023-01-12.jpg
AbbVie (ABBV) Q2 2024 Earnings Call Transcript

Image source: The Motley Fool.

AbbVie (NYSE: ABBV)Q2 2024 Earnings CallJul 25, 2024, 9:00 a.m. ET

Operator

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Source Fool.com

Is AbbVie the Best Dividend Stock for You?: https://g.foolcdn.com/editorial/images/783805/physician-talking-to-patient.jpg
Is AbbVie the Best Dividend Stock for You?

It was great while it lasted, but AbbVie's (NYSE: ABBV) most important cash cow -- rheumatoid arthritis treatment Humira -- has been out of patent exclusivity in the U.S. since last year. That's not

AbbVie Could Soar 24%, According to a Wall Street Analyst. Is the High-Yield Dividend Stock a Buy Now?: https://g.foolcdn.com/assets/images/fool/tmf-logo_400x400.png
AbbVie Could Soar 24%, According to a Wall Street Analyst. Is the High-Yield Dividend Stock a Buy Now?

Shares of Big Pharma company AbbVie (NYSE: ABBV) inched higher recently in response to positive news from a Wall Street investment bank. BMO Capital analyst Evan Seigerman raised his price target on

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3 Absurdly Cheap Stocks to Buy and Hold for Years

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3 Dividend Growth Stocks to Buy and Hold

Income investors don't have to settle for dividends that tread water. There are plenty of stocks to buy that offer growing dividends and are poised to keep the momentum going along with attractive

3 High-Yield Dividend Stocks That Still Look Like Bargains: https://g.foolcdn.com/editorial/images/783254/a-person-sitting-at-their-home-office-desk-using-a-laptop-computer-getty.jpg
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The broader stock market benchmarks keep reaching new heights, but the S&P 500 index's ongoing bull run has been driven heavily by its largest components. That means there are still plenty of

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The Smartest Dividend Stocks to Buy With $250 Right Now

Dividend stocks pay you regularly regardless of how the share price fluctuates. Ideally, of course, the share price will move steadily higher over time and make you money in two ways.

The good news

3 Magnificent Stocks Retirees Can Buy and Hold Forever: https://g.foolcdn.com/editorial/images/781952/hands-behind-head.jpg
3 Magnificent Stocks Retirees Can Buy and Hold Forever

Most retirees prefer low turnover in their investment portfolios. The less drama, the better. That way, they can focus on doing what they enjoy instead of worrying about their investments.

Three

3 High-Yield Dividend Stocks to Buy Now for a Lifetime of Passive Income: https://g.foolcdn.com/editorial/images/781428/investment-advisor-with-client-getty.jpg
3 High-Yield Dividend Stocks to Buy Now for a Lifetime of Passive Income

If you're looking to pump up your passive income stream, there are a handful of high-yield dividend stocks that deserve your attention. AbbVie (NYSE: ABBV), Ares Capital (NASDAQ: ARCC), and Realty

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The power of compounding is very real. It is a process that takes time, as dividend investing is not about year 1 dividend income, but rather about year 10+. In today's video, we will look at the

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People invest in dividend stocks for various reasons. Some want the passive income; others reinvest the cash to boost long-term returns; still others find that corporations that can dish out regular

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Top Stocks to Buy in June

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3 No-Brainer Stocks to Buy in June

You're probably familiar with the old adage, "April showers bring May flowers." And you probably know the punchline to the question, "What do May flowers bring?" (The answer: Pilgrims.)

But what

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3 Dividend Stocks to Double Up on Right Now

Sometimes, misperceptions can work in investors' favor. When others think the outlook for a stock isn't so great, you can win big if that view is overly pessimistic.

Several stocks that pay

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Relax, do what you enjoy, and rake in money. That probably sounds like a great life for most people. Making it a reality isn't easy, but it's possible.

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