This statistic illustrates the expenditure of AbbVie on research and development from 2012 to 2020. In 2020, AbbVie spent some 6.6 billion U.S. dollars on research and development. Abbot was a U.S.-based global pharmaceutical and healthcare products company, headquartered in Chicago, Illinois. In January 2013, Abbott was separated into two companies: Abbott Laboratories and AbbVie. Abbott Laboratories is now specialized on medical products, while AbbVie is responsible for research-based pharmaceuticals. On May 8, 2020, AbbVie completed the acquisition of Allergan plc.
AbbVie's research and development spending from 2012 to 2020
(in million U.S. dollars)
* Research and development expenses in 2018 increased from 2017 principally due to a $5.1 billion intangible asset impairment charge related to IPR&D acquired as part of the 2016 Stemcentrx acquisition following the decision to stop enrollment in the TAHOE trial.
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AbbVie. (February 19, 2021). AbbVie's research and development spending from 2012 to 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved December 06, 2021, from https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie. "AbbVie's research and development spending from 2012 to 2020 (in million U.S. dollars)." Chart. February 19, 2021. Statista. Accessed December 06, 2021. https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie. (2021). AbbVie's research and development spending from 2012 to 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: December 06, 2021. https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie. "Abbvie's Research and Development Spending from 2012 to 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 19 Feb 2021, https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie, AbbVie's research and development spending from 2012 to 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/ (last visited December 06, 2021)
