This statistic illustrates the expenditure of AbbVie on research and development from 2012 to 2018. In 2018, AbbVie spent some 10.3 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.
AbbVie's research and development spending from 2012 to 2018
(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 27, 2019). AbbVie's research and development spending from 2012 to 2018 (in million U.S. dollars) [Graph]. In Statista. Retrieved February 18, 2020, from https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie. "AbbVie's research and development spending from 2012 to 2018 (in million U.S. dollars)." Chart. February 27, 2019. Statista. Accessed February 18, 2020. https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie. (2019). AbbVie's research and development spending from 2012 to 2018 (in million U.S. dollars). Statista. Statista Inc.. Accessed: February 18, 2020. https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie. "Abbvie's Research and Development Spending from 2012 to 2018 (in Million U.S. Dollars)." Statista, Statista Inc., 27 Feb 2019, https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/
AbbVie, AbbVie's research and development spending from 2012 to 2018 (in million U.S. dollars) Statista, https://www.statista.com/statistics/417068/r-and-d-expenditure-of-abbvie/ (last visited February 18, 2020)
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