AbbVie, Inc.

AbbVie, Inc.

AbbVie, Inc.

Overview
Date Founded

2013

Headquarters

1 North Waukegan Road North Chicago IL 60064-6400

Type of Company

Public

Employees (Worldwide)

47K

Industries

Pharmaceuticals
Hospitals & Patient Services
Medical Support Services
Biotechnology

Company Description

AbbVie, Inc. is a research-based biopharmaceutical company, which engages in the discovery, development, manufacture and sale of a line of proprietary pharmaceutical products. It is focused on treating conditions such as chronic autoimmune diseases in rheumatology, gastroenterology and dermatology; oncology, including blood cancers; virology, including hepatitis C and human immunodeficiency virus; neurological disorders, such as Parkinson's disease; metabolic diseases, including thyroid disease and complications associated with cystic fibrosis; as well as other serious health conditions. The company was founded on 2013 and is headquartered in North Chicago, IL.

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Executives & Employees

Chief Executive Officer

Vice Chairman & President

Executive Vice President & Chief Financial Officer

Vice Chairman, External Affairs & Chief Legal Officer

Executive Vice President, Chief Commercial Officer

Executive Vice President & Chief Human Resources Officer

Chief Strategy Officer

Vice President, Principal Accounting Officer & Controller

Executive Vice President, Operations

Senior Vice President, US Commercial Operations

Board of Directors

Chief Executive Officer at AbbVie, Inc.

President at United Airlines Holdings, Inc.

Industry Advisor at Madison Dearborn Partners LLC

President at Abbott Laboratories (Puerto Rico), Inc.

President & Chief Executive Officer at Austin Investment Advisors

Former Chief Financial Officer at Caterpillar, Inc.

SEE Schedule at Northwestern Memorial Healthcare Group Return

Former Partner at Clayton Dubilier & Rice LLC

Dean at Yale University - Yale School of Medicine

Former Director & Senior Vice President at The Boston Consulting Group, Inc.

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Owners & Shareholders
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SSgA FM utilizes several methods of investment analysis across a wide array of investment strategies when formulating investment advice or managing assets. The firm does not rely on one type of investment analysis over another and does not recommend one particular type of security. They seek to utilize the most prudent methods of investment analysis based upon certain characteristics of the investment strategy and the current market conditions, as applicable.

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BHI-IM employs the value investing principles of Benjamin Graham. Their investment approach focuses on buying shares of companies as a long-term investment. The firm seeks to invest in businesses that are easy to understand and have high ROE, exceptional management teams and limited debt. Rather than a diversified stock portfolio, BHI-IM invests in a small number of trusted investments that are overweighed in order to leverage the expected returns. The firm owns stock in a diverse group of over 50 public and private companies in wide range of industries including, but not limited to, manufacturing, retail, energy and finance. Investments are typically financed using the float from Berkshire Hathaway, Inc.'s insurance operations. Securities are sold when the firm no longer feels comfortable with the fundamentals of a company.

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JPMIM utilizes different methods of analysis that are tailored for each of the investment strategies they offer their clients. They use different methods of analysis and investment strategies in formulating investment advice or managing assets. The firm employs global fundamental research, quantitative valuation tools and bottom-up portfolio construction methods. Research analysts evaluate the US market by sector, while globally-based portfolio managers and analysts cover the international capital markets. JPMIM integrates the skills of their research analysts with those of experienced portfolio managers and economists to leverage information and choose the most fundamentally attractive investments.

Recent Transactions
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AbbVie, Inc. purchases Allergan Ltd. (Ireland)

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AbbVie, Inc. purchases Mavupharma, Inc. from Frazier Healthcare Partners, Alpine Bioventures GP LLC

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AbbVie, Inc. purchases Stemcentrx, Inc. from Sequoia Capital, Western Technology Investment, The Founders Fund Management LLC, Artis Ventures Management LP

Insider Transactions
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Transaction Advisors
Legal Advisor

Advised onAbbVie, Inc. purchases Allergan Ltd. (Ireland)

Investment Advisor

Advised onAbbVie, Inc. purchases Allergan Ltd. (Ireland)

Legal Advisor

Advised onAbbVie, Inc. purchases Pharmacyclics LLC

Associate

Advised onAbbVie, Inc. purchases Mavupharma, Inc. from Frazier Healthcare Partners, Alpine Bioventures GP LLC

Legal Advisor

Advised onAbbVie, Inc. purchases Allergan Ltd. (Ireland)

Lender

Advised onAbbVie, Inc. purchases Pharmacyclics LLC

Advisors & Consultants
Legal Advisor

Partner at Jones Day

Legal Advisor

Co-Chair, Product Liability Litigation Practice Group at Shook, Hardy & Bacon LLP

Legal Advisor

Partner at Latham & Watkins LLP

Clients

Johnson & Johnson is a holding company, which engages in the research and development, manufacture and sale of products in the health care field. It operates through the following segments: Consumer Health, Pharmaceutical, and Medical Devices. The Consumer Health segment includes products used in the baby care, oral care, beauty, over-the-counter pharmaceutical, women's health, and wound care markets. The Pharmaceutical segment focuses on therapeutic areas, such as immunology, infectious diseases, neuroscience, oncology, pulmonary hypertension, and cardiovascular & metabolic diseases. The Medical Devices segment offers products used in the orthopedic, surgery, cardiovascular & neurovascular, and eye health fields. The company was founded by Robert Wood Johnson I, James Wood Johnson and Edward Mead Johnson Sr. in 1886 and is headquartered in New Brunswick, NJ.

Seattle Genetics, Inc., a clinical-stage biotechnology company, focuses on developing and commercializing monoclonal antibody-based therapies for the treatment of cancer and autoimmune diseases. Its lead product, SGN-35, is in pivotal trial for patients with relapsed or refractory hodgkin lymphoma. The company's other product candidates in various stages of clinical trials include dacetuzumab (SGN-40), a humanized anti-CD40 antibody; lintuzumab (SGN-33), a humanized anti-CD33 antibody; SGN-70, a humanized anti-CD70 antibody for the treatment of autoimmune diseases; SGN-75, which is in Phase I clinical trials for metastatic renal cell carcinoma and non-Hodgkin lymphoma; ASG-5ME, a preclinical antibody-drug conjugate product candidate for the treatment of solid tumors; and SGN-19A, a preclinical antibody-drug conjugate product candidate for the treatment of hematologic malignancies. It has collaborations with Bayer Pharmaceuticals Corporation; Celldex Therapeutics, Inc.; Daiichi Sankyo Co., Ltd.; Genentech; GlaxoSmithKline LLC; MedImmune, Inc.; Millennium; PSMA Development Company LLC; and Genmab A/S. The company also has an antibody-drug conjugates co-development agreement with Agensys, Inc. The company was founded in 1998 and is headquartered in Bothell, Washington.

Cardinal Health, Inc. is a healthcare services and products company, which engages in the provision of customized solutions for hospitals, healthcare systems, pharmacies, ambulatory surgery centers, clinical laboratories, and physician offices. It also provides medical products and pharmaceuticals and cost-effective solutions that enhance supply chain efficiency. The firm operates through the following segments: Pharmaceutical and Medical. The Pharmaceutical segment distributes branded and generic pharmaceutical, specialty pharmaceutical and over-the-counter healthcare and consumer products. The Medical segment manufactures, sources and distributes cardinal health branded medical, surgical, and laboratory products. The company was founded by Robert D. Walter in 1971 and is headquartered in Dublin, OH.

Key Stats and Financials As of 2020
Market Capitalization
$198B
Total Enterprise Value
$258B
Earnings Per Share
$2.72
Net Profit
$4.56B
EBITDA
$22.1B
EBITDAMargin
48.25%
Total Debt
$87.1B
Total Equity
$13.1B
Enterprise Value / Sales
5.63x
Enterprise Value EBITDAOperating
11.62x
TEVNet Income
56.6x
Debt TEV
0.34x
Three Year Compounded Annual Growth Rate Of Revenue
17.53%
Revenue
$45.8B
Non-Profit Donations & Grants
$100 - $999
2020
$1,000 - $4,999
2019
$100 +
2019
Political Donations
$750
2014
$1,000
2014
$750
2014
Investments
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Exicure Operating Co. operates as a biopharmaceutical company commercializing spherical nucleic acid constructs as gene regulation and modulation agents for diseases including applications in oncology, dermatology, neurology, and for immune disorders. The SNA constructs allow the use of oligonucleotide-based therapies to treat diseases in a range of tissue types. The company was founded by Chad A. Mirkin and Colby Shad Thaxton in 2011 and is headquartered in Skokie, IL.

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Avaxia Biologics, Inc. operated as a clinical-stage biotechnology company. It engaged in the development of gut-targeted antibody therapeutics for gastroenterology indications. Gut-targeted antibody therapeutics is orally administered, minimally absorbed drugs that are designed to act locally in the gastrointestinal (GI) tract including the mouth, throat, and intestines. The company was founded by David Poorvin and Barbara S. Fox in 2005 and was headquartered in Lexington, MA.

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Enanta Pharmaceuticals, Inc. is a biotechnology company, which engages in the discovery and development of small molecule drugs for the treatment of viral infections and liver diseases. It produces clinical candidates which targets respiratory syncytial virus (RSV), hepatitis B virus (HBV), and non-alcoholic steatohepatitis (NASH) diseases. The firm also conducts research in human metapneumovirus (hMPV) and SARS-CoV-2 (COVID-19). The company was founded by Peter O. Kliem Martin Karplus, James Hogle, Gerard Wagner, Peter M. Howley, and Gregory L. Verdine in 1995 and is headquartered in Watertown, MA.

Investors
Details Hidden

Chief Executive Officer & Director at Innocrin Pharmaceuticals Holdings LLC

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Investor at BitTorrent, Inc.

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Co-Founder at Artis Ventures Management LP

Suppliers
Galapagos NV Biotechnology | Mechelen, Belgium

Galapagos NV is a biotechnology company, which engages in the identification and development of small molecule and antibody therapies. It operates through the Research & Development and Fee-for-Services segment. The company was founded by Onno van de Stolpe, Rudi Pauwels, and Helmuth van Es on June 30, 1999 and is headquartered in Mechelen, Belgium.

Neurocrine Biosciences Inc. Hospitals & Patient Services | San Diego, CA

Neurocrine Biosciences, Inc. is a neuroscience-focused, biopharmaceutical company. It discovers, develops and intends to commercialize drugs for the treatment of neurological and endocrine related diseases and disorders. The firm's product includes INGREZZA. The company was founded by Kevin C. Gorman and Wylie W. Vale in January 1992 and is headquartered in San Diego, CA.

Seagen Inc. Pharmaceuticals | Bothell, WA

Seattle Genetics, Inc., a clinical-stage biotechnology company, focuses on developing and commercializing monoclonal antibody-based therapies for the treatment of cancer and autoimmune diseases. Its lead product, SGN-35, is in pivotal trial for patients with relapsed or refractory hodgkin lymphoma. The company's other product candidates in various stages of clinical trials include dacetuzumab (SGN-40), a humanized anti-CD40 antibody; lintuzumab (SGN-33), a humanized anti-CD33 antibody; SGN-70, a humanized anti-CD70 antibody for the treatment of autoimmune diseases; SGN-75, which is in Phase I clinical trials for metastatic renal cell carcinoma and non-Hodgkin lymphoma; ASG-5ME, a preclinical antibody-drug conjugate product candidate for the treatment of solid tumors; and SGN-19A, a preclinical antibody-drug conjugate product candidate for the treatment of hematologic malignancies. It has collaborations with Bayer Pharmaceuticals Corporation; Celldex Therapeutics, Inc.; Daiichi Sankyo Co., Ltd.; Genentech; GlaxoSmithKline LLC; MedImmune, Inc.; Millennium; PSMA Development Company LLC; and Genmab A/S. The company also has an antibody-drug conjugates co-development agreement with Agensys, Inc. The company was founded in 1998 and is headquartered in Bothell, Washington.

Awards & Honors
Rank #123
2016
Fortune Magazine - Fortune 1000 Companies
Sponsored by Fortune Magazine
Rank #123
2016
Fortune Magazine - Fortune 500 Companies
Sponsored by Fortune Magazine
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