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AbbVie Inc. (ABBV)

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68.70 Up 0.64(0.94%) Nov 26, 4:00PM EST
|After Hours : 68.49 Down 0.21 (0.31%) Nov 26, 7:48PM EST
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AbbVie Inc.
1 North Waukegan Road
North Chicago, IL 60064
United States - Map
Phone: 847-932-7900
Website: http://www.abbvie.com

Details 
Index Membership:N/A
Sector:Healthcare
Industry:Drug Manufacturers - Major
Full Time Employees:25,000

Business Summary 

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide. Its products include adult and pediatric pharmaceuticals, such as HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; Synthroid to treat hypothyroidism; AndroGel, a daily testosterone replacement therapy; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Kaletra, a prescription anti-HIV-1 medicine used with other anti-HIV-1 medications to increase the chance of treatment response in people with HIV-1; Norvir , a protease inhibitor indicated in combination with other antiretroviral agents for the treatment of HIV-1 infection; and Lupron, a product for the palliative treatment of advanced prostate cancer. The company also offers TriCor and TRILIPIX, which are fibric acid derivatives that are indicated as adjuncts to diet to reduce total cholesterol, LDL cholesterol, and triglyceride levels; Niaspan, an extended release form of niacin that is indicated as an adjunct to diet to reduce total cholesterol, LDL cholesterol, and triglyceride levels, as well as to increase HDL cholesterol levels; Synagis, which protects at-risk infants from severe respiratory disease or respiratory syncytial virus; Sevoflurane, an anesthesia product for human use; Duodopa, a levodopa-carbidopa intestinal gel used to treat advanced Parkinson's disease; and Zemplar used for the prevention and treatment of 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. It has a strategic collaboration with Infinity Pharmaceuticals, Inc.; and a research and development collaboration with California Life Sciences LLC. AbbVie Inc. was incorporated in 2012 and is based in North Chicago, Illinois. As of January 01, 2013, AbbVie Inc. operates independently of Abbott Laboratories.

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Corporate Governance 
AbbVie Inc.’s ISS Governance QuickScore as of Nov 1, 2014 is 8. The pillar scores are Audit: 1; Board: 4; Shareholder Rights: 9; Compensation: 6.
Brought to you by Institutional Shareholder Services (ISS)

Key Executives 
 PayExercised
Mr. Richard A. Gonzalez , 60
Chairman, Chief Exec. Officer and Chairman of Exec. Committee
5.27M0.00
Mr. William J. Chase , 46
Chief Financial Officer and Exec. VP
1.97M172.00K
Ms. Laura J. Schumacher , 51
Exec. VP of Bus. Devel. & External Affairs, Gen. Counsel and Corp. Sec.
2.46M226.00K
Mr. Timothy J. Richmond , 48
Sr. VP of HR
1.12M0.00
Mr. Carlos Alban , 51
Exec. VP of Commercial Operations
1.89M2.55M
Amounts are as of Dec 31, 2013 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc.Exercised is the value of options exercised during the fiscal year.
Currency in USD.
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