AB

Abbvie

ABBV
NYSEHealth Care
$227.73
USD
+2.96(+1.32%)
At close: Jun 12, 20:00 UTC

Open

$227.29

Prev. Close

$227.41

High

$227.90

Low

$227.17

Market Snapshot

Market Cap

$402.67B

P/E Ratio

110.8

EPS

2.41

Revenue

$56.33B

Why ABBV moved

NFJ Investment Group decreased its AbbVie stake despite the company's positive earnings report and growing interest from institutional investors in the biopharmaceutical sector.

About

AbbVie, Inc. is a research-based biopharmaceutical company, which engages in the development and sale of pharmaceutical products. The company is headquartered in North Chicago, Illinois and currently employs 57,000 full-time employees. The company went IPO on 2013-01-02. The company is engaged in research and development, manufacturing, commercialization and sale of medicines and therapies. Its product portfolio includes Immunology, Oncology, Aesthetics, Neuroscience, Eye Care and Other Key Products. Immunology products include rheumatology, dermatology and gastroenterology. Oncology products include Imbruvica, Venclexta/Venclyxto, Elahere and Epkinly. Aesthetics portfolio consists of facial injectables, plastics and regenerative medicine, body contouring, and skincare products. Its Neuroscience products include Botox Therapeutic, Vraylar, Duopa and Duodopa, Ubrelvy, and Qulipta. Eye Care products include Ozurdex, Lumigan/Ganfort, Alphagan/Combigan, Restasis, and other eye care. Other key products include Mavyret/Maviret, Creon, and Linzess/Constella. Its investigational candidate, bretisilocin, is for the treatment of patients with moderate-to-severe major depressive disorder (MDD).

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