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How does AbbVie approach innovation and the future of healthcare?
A10: AbbVie embraces innovation as a driving force in transforming healthcare. The company invests substantially in research
What is AbbVie and what does the company do?
A1: AbbVie is a leading global pharmaceutical company that focuses on developing and delivering innovative treatments across several therapeutic areas. With a strong emphasis on research and development, AbbVie is dedicated to addressing some of the most complex and critical health issues worldwide. The company's portfolio includes a range of pharmaceutical products and biologics that improve patient outcomes, spanning areas such as immunology, oncology, neuroscience, virology, and more.
How long has AbbVie been in operation?
A2: AbbVie was established as an independent company in January 2013, following a separation from its parent company, Abbott Laboratories. While fairly young as an independent entity, AbbVie builds upon the rich heritage of Abbott, which has been a trusted name in healthcare for over a century. AbbVie benefits from its parent company's vast expertise, while also leveraging its own unique research and development capabilities to drive innovation and make a difference in patients' lives.
How does AbbVie prioritize patient safety in its operations?
A4: Patient safety is at the core of AbbVie's mission and activities. The company adheres to stringent regulatory standards and guidelines to ensure the safety and efficacy of its products throughout the development and manufacturing processes. AbbVie maintains robust pharmacovigilance systems to continually monitor the safety profile of its medicines and takes swift actions if any safety concerns arise. Additionally, the company is committed to educating healthcare professionals and patients about the safe and appropriate use of its therapies.
How does AbbVie ensure access to its medicines?
A7: AbbVie is committed to ensuring access to its medicines for patients in need. The company employs a range of approaches, including patient assistance programs, collaborations with governments, and tailored pricing strategies to address affordability challenges. AbbVie works closely with healthcare systems, advocacy groups, and payers to ensure transparency and improve access pathways for patients, with a particular emphasis on underserved populations who may face barriers to receiving necessary treatments.
How does AbbVie foster a diverse and inclusive work environment?
A8: AbbVie believes in the power of diversity and actively cultivates an inclusive work environment. The company strives to foster a culture where employees from diverse backgrounds are valued, empowered, and have equal opportunities to thrive. AbbVie promotes diversity not just in terms of gender, ethnicity, and age but also through diverse experiences, perspectives, and ideas. This diversity drives innovation, enhances decision-making, and helps AbbVie better address the needs of its diverse patient populations.
What is AbbVie's commitment to corporate citizenship?
A9: Corporate citizenship is an integral part of the way AbbVie conducts business. The company upholds strong ethical standards, rigorously complying with regulations and laws governing its operations. AbbVie is dedicated to conducting business in a responsible and sustainable manner, actively engaging with stakeholders, and contributing to the well-being of communities. The company leverages its expertise, resources, and global reach to make a positive impact, addressing unmet medical needs and supporting social initiatives to improve healthcare outcomes worldwide.
What initiatives does AbbVie undertake to promote sustainability?
A5: AbbVie recognizes the importance of sustainability and actively addresses environmental, social, and governance (ESG) factors in its business operations. The company sets ambitious sustainability goals and regularly reports progress to stakeholders. AbbVie focuses on reducing greenhouse gas emissions, conserving natural resources, responsibly managing waste, and enhancing supply chain sustainability. Moreover, the company supports community engagement and philanthropic projects to improve access to healthcare and make a positive impact globally.
How does AbbVie contribute to research and development?
A6: Research and development (R&D) lie at the heart of AbbVie's mission to discover and deliver transformative healthcare solutions. The company invests significantly in R&D activities, collaborating with academic institutions, biotech companies, and other partners to advance scientific knowledge and develop innovative therapies. AbbVie's therapeutic areas of focus receive substantial attention, enabling the company to explore new possibilities in precision medicine, genomics, biomarkers, and emerging technologies to shape the future of healthcare.
What are some of AbbVie's most notable products?
A3: AbbVie has a diverse portfolio of pharmaceutical products and biologics that have gained recognition and are widely used in the medical community. Some of the company's most notable products include Humira, a highly successful treatment for autoimmune diseases such as rheumatoid arthritis, plaque psoriasis, and Crohn's disease. Additionally, Imbruvica, a groundbreaking therapy for certain cancer types, and Mavyret, a treatment for hepatitis C, have greatly advanced patient care in their respective therapeutic areas.
Popular Questions
What products does AbbVie produce?
BOTOX® (onabotulinumtoxinA) for injection, for intramuscular, intradetrusor, or intradermal use. ... CELEXA® (citalopram hydrobromide) tablets. ... DEPAKOTE® (divalproex sodium) delayed-release tablets, for oral use. ... DEPAKOTE® ER. ... DEPAKOTE® SPRINKLE CAPSULES. ... DUOPA. ... FETZIMA® ... FIORINAL®
What is AbbVie best known for?
AbbVie is an international pharmaceutical company with a multitude of pharmaceutical products available. In 2021, the company's top revenue generating drug was Humira.
What does AbbVie specialize in?
Today, our ~50,000 employees around the world focus on discovering and delivering transformational medicines and products in several key therapeutic areas: immunology, oncology, neuroscience, eye care, virology, and women's health, as well as through our Allergan Aesthetics portfolio.
Is it hard to get a job at AbbVie?
Yes, it is hard to get a job at Abbvie. They seek candidates that have extensive professional medical experience or multiple college degrees in medicine or other science-related fields. Abbvie hires experts in the fields of immunology, oncology, neuroscience, eye care, virology, women's health, and gastroenterology.
Is AbbVie a good company to work for?
Company Culture at AbbVie The employee experience below at AbbVie, compared to a typical company. 83% of employees at AbbVie say it is a great place to work compared to 57% of employees at a typical U.S.-based company.
What is AbbVie famous for?
AbbVie is best known for manufacturing Humira — a medication used to treat moderate-to-severe rheumatoid arthritis and Crohn's disease. AbbVie products include a wide range of drugs. Some of the more well-known AbbVie drugs are: Celexa — a treatment for depression.
What does AbbVie stand for?
The name is derived from a combination of Abbott and "vie," which references the Latin root "vi" meaning life. "The beginning of the name connects the new company to Abbott and its heritage of pioneering science," said Mr.
Is AbbVie a buy right now?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for AbbVie stock to perform well in the short-term.
Will AbbVie stock go up?
Stock Price Forecast The 22 analysts offering 12-month price forecasts for Abbvie Inc have a median target of 158.50, with a high estimate of 200.00 and a low estimate of 135.00. The median estimate represents a -3.15% decrease from the last price of 163.65.
Is AbbVie an ethical company?
At AbbVie, we strive to always do the right thing. We lead with ethical decision making and a commitment to sustainable solutions that ensure business resiliency and long-term success. We act with integrity at the heart of everything we do, pursuing the highest standards in quality, compliance, safety and performance.
Is AbbVie a spin off of Abbott?
At the start of 2013, Abbott Laboratories (NYSE:ABT) spun off its branded pharmaceutical business, which has traded since then as Abbvie Inc. (NYSE:ABBV). Prior to the split, Abbott Laboratories was a massively diversified healthcare firm with operations in diagnostics, medical devices, nutrition and pharmaceuticals.
What is AbbVie assist?
Patient Assistance Application Overview myAbbVie Assist provides free medicine to qualifying patients. If you are uninsured or have limited insurance coverage, you may be eligible to receive prescribed AbbVie medication at no cost from our Program.
Does AbbVie have a patient assistance program?
We believe that people who need our medicines should be able to get them. That's why myAbbVie Assist provides free AbbVie medicine to qualifying patients. If you have any questions, visit the FAQs or call us at 1-800-222-6885.
How do I get financial assistance for Humira?
If you are having trouble paying for Humira, the manufacturer offers a patient assistance program called myAbbVie Assist. You can apply for the assistance program through this website or by calling 800-222-6885.
What is AbbVie's Humira?
One tool AbbVie has on its side is its patient support program known as Humira Complete, which includes assistance such as nurse advocates, help with insurance and injection training.
Who is the manufacturer of Humira?
Humira, an arthritis medication with indications for colitis and psoriasis is the world's best-selling drug, but while its efficacy and benefit to millions cannot be understated it has not been all plain sailing for AbbVie, the drug's manufacturer.
What is replacing Humira?
From 1 October 2022, Amgevita will be the main funded brand of adalimumab. Most people taking adalimumab have been moved from the Humira brand to Amgevita.
How do you get Humira for free?
Have been prescribed HUMIRA. Have limited or no health insurance coverage. Live in the United States. Are being treated by a licensed U.S. health care provider on an outpatient basis.
How many locations does AbbVie have?
AbbVie is headquartered in North Chicago, IL and has 12 offices located throughout the US.
Where are the AbbVie headquarters?
Headquartered in North Chicago, Illinois, AbbVie US offers exciting opportunities to develop and market advanced therapies and solutions to address some of the world's most complex and serious diseases. North Chicago is also home to our R&D Center of Excellence and our Operations and Commercial teams.
What is AbbVie main drug?
AbbVie is a research-based biopharmaceutical company. It spun off of Abbott Laboratories in 2013. The company has had a successful start in its first five years in the industry. Its blockbuster drug Humira brought in billions.