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ABBV Stock vs. Eli Lilly & Merck
Forbes· 2025-10-02 12:20
Core Insights - AbbVie stock (NYSE: ABBV) experienced an 11% rally in one week, primarily due to Pfizer's agreement to lower drug prices for Medicaid and a White House decision to grant a three-year exemption from 100% import tariffs, which is viewed positively for the pharmaceutical sector [3] - AbbVie has seen a 15.3% increase in stock price over the past month, prompting comparisons with peers to assess its performance, valuation, and financial metrics [6] Company Overview - AbbVie develops pharmaceuticals for autoimmune diseases, plaque psoriasis, pancreatic insufficiency, and hypothyroidism, focusing on innovative drug development and manufacturing in the United States [4] Performance Metrics - AbbVie's operating margin stands at 23.5%, which is lower than competitors like Eli Lilly (LLY) at 43.0% [8] - AbbVie's revenue growth over the past year is 6.1%, which is moderate and surpasses Merck (MRK), Gilead (GILD), and Bristol-Myers Squibb (BMY), but is below LLY and Amgen (AMGN) [8] - Over the last year, AbbVie's stock has increased by 28.5% and is currently trading at a price-to-earnings (PE) ratio of 114.8, although competitors like GILD have shown higher returns [8]
AbbVie to Host Third-Quarter 2025 Earnings Conference Call
Prnewswire· 2025-10-02 12:00
About AbbVie AbbVie's mission is to discover and deliver innovative medicines and solutions that solve serious health issues today and address the medical challenges of tomorrow. We strive to have a remarkable impact on people's lives across several key therapeutic areas – immunology, oncology, neuroscience, and eye care – and products and services in our Allergan Aesthetics portfolio. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on LinkedIn, Facebook, Instagram, X ( ...
Leerink Raises AbbVie (ABBV) Price Target on Strong Business Performance
Yahoo Finance· 2025-10-02 06:08
Core Insights - AbbVie Inc. (NYSE:ABBV) is recognized for its low beta stocks that can outperform market volatility, with Leerink Partners maintaining an Outperform rating and raising the price target from $210 to $243 following a settlement allowing generic Rinvoq introduction in April 2037 [1][2] Group 1: Business Performance - AbbVie is experiencing "very strong current business performance," particularly with the ongoing expansion of Skyrizi despite its substantial market dominance [2] - The firm anticipates that as pressure from Humira biosimilars decreases, AbbVie's total top-line growth will accelerate from 8% in 2025 to 11% in 2026 [3] Group 2: Product Pipeline - AbbVie specializes in developing therapies for complex and chronic illnesses, with Rinvoq and Skyrizi being key drivers of growth [4] - Leerink has identified three oncology pipeline candidates that are expected to significantly contribute to AbbVie's revenue in the future [3]
AbbVie (NYSE:ABBV) Faces Downgrade but Continues Strategic Expansion
Financial Modeling Prep· 2025-10-02 01:00
Core Viewpoint - AbbVie is facing a cautious outlook following a downgrade by HSBC, yet the company is actively investing in its operations to enhance its manufacturing and research capabilities in response to growing global demand for its products [1][2]. Company Developments - AbbVie has initiated a $70 million expansion at its Bioresearch Center in Worcester, Massachusetts, as part of a broader $10 billion investment in U.S. operations [2]. - The expansion will include new manufacturing areas and a three-story building for laboratories, warehouse, and office spaces, facilitating the transfer of select oncology products from Europe to the U.S. [3]. Stock Performance - AbbVie's stock is currently trading at $244.38, reflecting a 5.55% increase, with a market capitalization of approximately $431.7 billion and a trading volume of 11.28 million shares [4]. - The stock has shown significant growth over the past year, with a lowest price of $163.81 and a highest price of $244.81 today [4].
Why AbbVie Stock Cruised to an Almost 6% Gain Today
Yahoo Finance· 2025-10-01 22:36
Key Points It's about to significantly expand its biologics research and manufacturing effort at a facility in Massachusetts. This should cost it a cool $70 million. 10 stocks we like better than AbbVie › The announcement of a new buildout, as well as developments on the political front, were the factors driving up AbbVie (NYSE: ABBV) stock on Wednesday. The pharmaceutical company's shares rose by nearly 6% in value as a result, during a session when the S&P 500 (SNPINDEX: ^GSPC) crept up a compara ...
AbbVie’s (ABBV) Dividend Track Record: A Testament to Stability
Yahoo Finance· 2025-10-01 17:57
AbbVie Inc. (NYSE:ABBV) is included among the 12 Best Dividend Aristocrat Stocks to Invest in Right Now. AbbVie’s (ABBV) Dividend Track Record: A Testament to Stability Photo by Dan Dennis on Unsplash AbbVie Inc. (NYSE:ABBV) is a global biopharmaceutical company that manufactures and markets innovative medicines. The demand for drugs is so stable that the industry is considered highly defensive, with little economic exposure. Even in recessions, doctors continue to prescribe treatments and patients cont ...
AbbVie Stock Is Just What the Doctor Ordered
Yahoo Finance· 2025-10-01 14:15
Core Insights - AbbVie has become one of the leading pharmaceutical companies with a valuation of $394 billion following its acquisition of Allergan, which has diversified its portfolio and reduced reliance on Humira [1][6] - The company holds a strong position in various therapeutic areas, including immunology, hematologic oncology, neuroscience, aesthetics, eye care, and women's health [3][6] - AbbVie has seen significant stock performance, with an 18.74% increase since a "Buy" signal was issued on July 10, and it reached an all-time high of $232.35 on September 30 [4][5][6] Company Performance - AbbVie has a robust portfolio featuring popular drugs such as Imbruvica for cancer and newer immunology drugs Skyrizi and Rinvoq, positioning the company for long-term growth [2][6] - The stock is currently rated as a "Buy" or "Strong Buy" by major firms, indicating positive analyst and investor sentiment, with price targets suggesting further upside potential [6]
AbbVie Begins Construction on $70 Million Expansion to Further Increase Biologics Manufacturing and R&D Presence in the U.S.
Prnewswire· 2025-09-30 19:00
Core Insights - AbbVie has commenced construction of a $70 million expansion at its AbbVie Bioresearch Center in Worcester, Massachusetts, as part of a broader commitment to invest over $10 billion in the U.S. to enhance biologics manufacturing capabilities [1][2][3] Group 1: Investment and Expansion - The expansion aims to increase AbbVie's domestic biologics manufacturing capacity to meet rising global demand, particularly for oncology and immunology medicines [2][3] - The project will include new biologics manufacturing areas and a three-story building for laboratory, warehouse, and office space, facilitating the transfer of select oncology products from Europe to the U.S. [2][3] Group 2: Employment and Economic Impact - AbbVie employs 28,000 people across the U.S., with over 2,000 in Massachusetts, and the expansion is expected to create new jobs at the ABC site [3] - The U.S. manufacturing footprint of AbbVie supports more than 6,000 American jobs across 11 manufacturing sites [3] Group 3: Company Mission and Focus - AbbVie's mission is to discover and deliver innovative medicines addressing serious health issues, focusing on therapeutic areas such as immunology, oncology, neuroscience, and eye care [4]
AbbVie Seeks FDA Nod for Tavapadon to Treat Parkinson's Disease
ZACKS· 2025-09-29 19:41
Core Insights - AbbVie has submitted a regulatory filing to the FDA for its investigational drug tavapadon as a once-daily oral treatment for Parkinson's disease [1][8] - The FDA filing is backed by results from three late-stage studies (TEMPO-1, TEMPO-2, TEMPO-3) showing symptomatic improvement in a broad Parkinson's disease population [2][8] - If approved, tavapadon would be AbbVie's second recent FDA clearance for Parkinson's disease, following the approval of Vyalev [3][8] AbbVie's Neuroscience Portfolio - AbbVie has developed a strong neuroscience segment, initially led by blockbuster drugs like Botox Therapeutic and Vraylar, and has expanded to include migraine treatments Qulipta and Ubrelvy, as well as Vyalev [7][10] - Sales from the neuroscience franchise now account for over 17% of AbbVie's total revenues, with a nearly 21% year-over-year increase in the first half of 2025, driven by higher sales of Botox and other products [8][9] Recent Acquisitions and Investments - AbbVie acquired Cerevel Therapeutics for approximately $8.7 billion, adding tavapadon to its pipeline [4] - The company has also entered into an agreement to acquire Gilgamesh Pharmaceuticals' lead pipeline drug for nearly $1.2 billion, which is in mid-stage development for major depressive disorder [10] - AbbVie previously completed a $1.4 billion acquisition of Aliada Therapeutics, adding an investigational antibody for Alzheimer's disease [10] Setbacks and Challenges - The acquisition of Cerevel also included emraclidine, which faced development discontinuation after failing two phase II studies in schizophrenia, leading to a $3.5 billion impairment charge [11]
AbbVie Breaks Ground on New North Chicago Active Pharmaceutical Ingredient Manufacturing Facility
Prnewswire· 2025-09-29 16:00
Core Insights - AbbVie has commenced construction of a new active pharmaceutical ingredient (API) manufacturing plant in North Chicago, Illinois, marking a significant step in expanding its U.S. manufacturing capabilities [1][3] - The company plans to invest over $10 billion in capital in the U.S. over the next decade, which includes the establishment of multiple new manufacturing plants [2][3] - The new facility will enhance AbbVie's chemical synthesis capabilities and facilitate the domestic production of APIs for neuroscience, immunology, and oncology medicines [3][4] Investment and Job Creation - The investment in the North Chicago facility is part of a previously announced $195 million commitment, which is expected to create new jobs and expand AbbVie's existing manufacturing footprint [4] - AbbVie currently employs 28,000 people in the U.S., supporting over 6,000 American jobs across 11 manufacturing sites [4] Operational Timeline - The new API facility is expected to be fully operational and serving patients by 2027, contributing to AbbVie's long-term commitment to U.S. manufacturing [6]