AbbVie is a North Chicago-based biopharmaceutical company that develops and sells medicines across various therapeutic areas, employing 50,000 staff since its IPO in January 2013. Key products include Humira, Botox, and NX-13 for ulcerative colitis.
ABBV has been in the news recently: AbbVie will acquire a manufacturing facility from West Pharmaceutical for over $175 million, which will enhance its capabilities and support a significant $10 billion investment in the U.S. by mid-2026. Additionally, AbbVie has partnered with RemeGen on the bispecific antibody RC148, providing RemeGen with $650 million upfront and the potential for up to $4.95 billion in future payments.
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