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Last €59.31 EUR
Change Today 0.00 / 0.00%
Volume 0.0
As of 6:12 AM 05/26/15 All times are local (Market data is delayed by at least 15 minutes).

abbvie inc (ABBV) Snapshot

Open
€59.31
Previous Close
€59.31
Day High
€59.31
Day Low
€59.31
52 Week High
12/5/14 - €61.80
52 Week Low
09/17/14 - €41.00
Market Cap
103.8B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
1.8B
EX-Date
07/13/15
P/E TM
--
Dividend
€2.04
Dividend Yield
2.59%
Current Stock Chart for ABBVIE INC (ABBV)

abbvie inc (ABBV) Details

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. The company’s products include HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; VIEKIRA PAK, an all-oral, short-course, interferon-free therapy, with or without ribavirin, for adult patients with genotype 1 chronic hepatitis, including those with compensated cirrhosis; Kaletra, an anti-HIV-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in people with HIV-1; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1 infection; and Synagis to prevent respiratory syncytial virus infection in high risk infants. It also provides AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, and the treatment of endometriosis and central precocious puberty, as well as for the preoperative treatment of patients with anemia. In addition, the company offers Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson’s disease; Sevoflurane, an anesthesia product for human use; TriCor, Trilipix, Niaspan, Simcor, and Advicor to treat metabolic conditions characterized by high cholesterol and/or high triglycerides; and Zemplar to treat secondary hyperparathyroidism. It sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses. The company has strategic collaboration with Calico Life Sciences LLC, Infinity Pharmaceuticals, Inc., Ablynx NV, Galapagos NV, Alvine Pharmaceuticals, Inc., and Action Pharma A/S. AbbVie Inc. was incorporated in 2012 and is based in North Chicago, Illinois.

26,000 Employees
Last Reported Date: 05/8/15
Founded in 2012

abbvie inc (ABBV) Top Compensated Officers

Chairman, Chief Executive Officer and Chairma...
Total Annual Compensation: $1.6M
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $923.7K
Chief Scientific Officer and Executive Vice P...
Total Annual Compensation: $1.5M
Executive Vice President of Commercial Operat...
Total Annual Compensation: $844.5K
Executive Vice President of Business Developm...
Total Annual Compensation: $957.6K
Compensation as of Fiscal Year 2014.

abbvie inc (ABBV) Key Developments

Biotest Announces Termination of Tregalizumab Collaboration with AbbVie

Biotest AG and AbbVie Inc. have terminated their collaboration for the development and commercialization of Tregalizumab, which is intended for treatment of rheumatoid arthritis, or RA. AbbVie has exercised its rights to opt-out of the worldwide license, development and commercialisation agreement signed in June 2011. Upon the effective date of termination, AbbVie will return all rights granted under the agreement at no cost to Biotest. Tregalizumab is an investigational humanised anti-CD4 monoclonal antibody, inducing selective activation of regulatory T-cells. As announced on April 24, 2015, the Phase IIb study (TREAT 2b) of Tregalizumab (BT-061) in patients with moderate to severe rheumatoid arthritis (RA) did not meet its primary endpoint.

AbbVie's Humira (Adalimumab) Receives Positive CHMP Opinion to Treat Adult Patients with Active Moderate to Severe Hidradenitis Suppurativa

AbbVie announced that the European Committee for Medicinal Products for Human Use (CHMP) of the European Medicines Agency (EMA) has granted a positive opinion for HUMIRA (adalimumab) for the treatment of active moderate to severe hidradenitis suppurativa (acne inversa) in adult patients with an inadequate response to conventional systemic hidradenitis suppurativa (HS) therapy. HS is a painful, chronic inflammatory skin disease estimated to impact approximately 1% of the adult population worldwide. If granted marketing authorization by the European Commission, HUMIRA will become the first and only medication approved for HS. The positive opinion is based on the results of two pivotal Phase 3 studies, PIONEER I and PIONEER II. These studies demonstrated that moderate to severe HS patients treated with HUMIRA 40 mg weekly starting at Week 4 following 160 mg at Week 0 and 80 mg at Week 2 achieved a significantly greater response versus those on placebo at 12 weeks using the Hidradenitis Suppurativa Clinical Response (HiSCR) measure. This is defined as at least 50% reduction from baseline in total abscess and inflammatory nodule (AN) count with no increase for either abscess or draining fistula count. Additionally, at Week 12, a significantly higher proportion of HUMIRA treated patients in PIONEER II experienced a clinically relevant decrease in HS-related skin pain (as measured by >30% Reduction in Skin Pain) compared to those on placebo. No new safety signals were identified in these trials. The review of the HS application is being conducted under the centralized licensing procedure. If approved, the authorization will be valid in all 28 member states of the European Union, as well as Iceland, Liechtenstein and Norway.

AbbVie Opts Out of Co-Development Agreement with Biotest

AbbVie has decided to opt out of a co-development agreement with Biotest for the compound Tregalizumab (BT-061. AbbVie's withdrawal from the agreement, first signed in 2011, follows an announcement in April that a Phase IIb study of Tregalizumab in moderate to severe rheumatoid arthritis did not meet its primary endpoint.

 

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ABBV Competitors

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Novo Nordisk A/S kr368.70 DKK -2.20
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Industry Analysis

ABBV

Industry Average

Valuation ABBV Industry Range
Price/Earnings 60.8x
Price/Sales 5.3x
Price/Book 78.9x
Price/Cash Flow 59.8x
TEV/Sales 4.2x
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