MARKET COMPOSITE
ABBV - Abbvie Inc7:48:01 PM 4/24/2024
Price
$167.77
-1.77 (-1.04%)
AbbVie is an American publicly traded biopharmaceutical company founded in 2013. It originated as a spin-off of Abbott Laboratories. On October 19, 2011, Abbott Laboratories announced its plan to separate into two publicly traded companies. The new Abbott Laboratories would specialize in diversified products including medical devices, diagnostic equipment and nutrition products, while AbbVie would operate as a research-based pharmaceutical manufacturer. The separation was effective January 1, 2013, and AbbVie was officially listed on the New York Stock Exchange on January 2, 2013.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue-25.7B-285%
Gross Profit-31.4B-
Cost Of Revenue5.7B-12%
Operating Income3.2B+40%
Operating Expenses-34.6B-
Net Income-3.2B-281%
R&D1.9B+12%
G&A3.2B-5%
Amortization1.9B-5%
Interest Expense564MM+2%
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