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AbbVie

AbbVie Inc. is an American multinational biopharmaceutical company focused on discovery, development, and marketing of medicines. It was established in 2013 as a spin-off of Abbott Laboratories and began operating as an independent company on January 1, 2013. The company is headquartered in North Chicago, Illinois, and conducts business in more than 170 countries through a portfolio of prescription medicines and branded therapies.

AbbVie’s portfolio centers on immunology, oncology, neuroscience, and virology, with products marketed globally. Its immunology line

AbbVie is publicly traded on the New York Stock Exchange under the ticker ABBV and is a

has
included
Humira,
one
of
the
world's
best-selling
drugs
for
autoimmune
diseases.
The
oncology
franchise
includes
agents
such
as
Imbruvica
and
Venclexta,
developed
in
collaboration
with
partners.
Since
acquiring
Allergan
in
2019,
AbbVie
also
markets
Botox
and
a
range
of
aesthetic,
eye
care,
and
specialty
medicines
through
that
business.
member
of
major
indices
including
the
S&P
500.
The
company
invests
heavily
in
research
and
development
and
pursues
external
collaborations
to
expand
its
pipeline.
As
with
many
large
biopharmaceutical
firms,
AbbVie
faces
patent
expirations
and
competition
from
biosimilars
affecting
some
leading
products.