AbbVie is an international pharmaceutical company with a multitude of pharmaceutical products available. As of 2018, the company’s top revenue generating drug was Humira. During that year Humira generated about 19.9 billion U.S. dollars in revenue for AbbVie. Humira is used to treat several types of autoimmune diseases including certain types of arthritis and Crohn’s disease. The second highest revenue generating drug for the company was Imbruvica, though it generated significantly less revenue that Humira.
AbbVie’s company profile
Abbvie was founded in 2013, originally a spin-off of Abbott Laboratories, and is based out of Chicago, Illinois, in the United States. In recent years the company has experience some growth which can also be seen in their increasing number of employees. The company has also experienced exceptional growth in their yearly revenue earnings. Finally, AbbVie has experienced significant growth in its total assets in recent years.
AbbVie’s global positioning
Despite being a young company, it is clear that AbbVie is among the top pharmaceutical companies. AbbVie is placed among other top companies such as Pfizer and Johnson & Johnson in terms of their prescription sales and expenditure on research and development. The company is also among the top pharmaceutical companies in terms of its net profits per employee.
AbbVie's key product revenues from 2016 to 2018 (in million U.S. dollars)*
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AbbVie. (February 27, 2019). AbbVie's key product revenues from 2016 to 2018 (in million U.S. dollars)* [Graph]. In Statista. Retrieved February 21, 2020, from https://www.statista.com/statistics/417063/revenue-of-abbvie-from-key-products/
AbbVie. "AbbVie's key product revenues from 2016 to 2018 (in million U.S. dollars)*." Chart. February 27, 2019. Statista. Accessed February 21, 2020. https://www.statista.com/statistics/417063/revenue-of-abbvie-from-key-products/
AbbVie. (2019). AbbVie's key product revenues from 2016 to 2018 (in million U.S. dollars)*. Statista. Statista Inc.. Accessed: February 21, 2020. https://www.statista.com/statistics/417063/revenue-of-abbvie-from-key-products/
AbbVie. "Abbvie's Key Product Revenues from 2016 to 2018 (in Million U.S. Dollars)*." Statista, Statista Inc., 27 Feb 2019, https://www.statista.com/statistics/417063/revenue-of-abbvie-from-key-products/
AbbVie, AbbVie's key product revenues from 2016 to 2018 (in million U.S. dollars)* Statista, https://www.statista.com/statistics/417063/revenue-of-abbvie-from-key-products/ (last visited February 21, 2020)
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