Abbvie Inc. is a global biopharmaceutical company dedicated to the discovery, development, and commercialization of innovative therapies for some of the world's most serious diseases. This primarily includes oncology, immunological disorders, neurodegenerative diseases, skin diseases, viral and bacterial infections, eye diseases, and metabolic disorders.
Abbvie has been an independent company since 2013, following a spin-off from Abbott Laboratories. The company is headquartered in North Chicago, Illinois, USA, and employs over 30,000 people worldwide.
Abbvie has four main business segments:
1. Immunology: Approximately 60 percent of Abbvie's revenue comes from the immunology division. The company specializes in the treatment of rheumatoid arthritis, psoriasis, inflammatory bowel diseases, and multiple sclerosis. Key products in the immunology division include Humira, Rinvoq, SkyRizi, and Skyrizi.
2. Hematology and Oncology: Abbvie also has a strong presence in the field of hematology and oncology. Leading products in this segment include Venclexta, Imbruvica, and Mavyret.
3. Neurology: Abbvie also offers products in the field of neurology, such as Skyrizi, Botox, Azelex, and Tazorac.
4. Aesthetic Medicine: The company offers products like Juvederm and Botox in this segment.
Abbvie invests heavily in research and development to discover innovative therapies that can improve the lives of patients worldwide. The company has a strong portfolio of patents and prioritizes comprehensive clinical testing in the development of new products to ensure high quality and efficacy.
Additionally, the company has formed several collaborative partnerships to accelerate its research and development in various areas. For example, Abbvie has partnered with Biogen in the development of drugs for multiple sclerosis and has cooperated with Alector in the field of neurodegenerative diseases.
Abbvie continues to delight its customers with valuable products and services, thereby expanding its leading position in the biopharmaceutical industry.
In summary, Abbvie is an innovative and rapidly growing company that plays an important role in the global biopharmaceutical market through its top-notch products and investments in research and development.