AbbVie Inc. R&D Expenses

R&D Expenses of ABBV for past 10 years: annual, quarterly and twelve month trailing (TTM) including R&D Expenses growth rates and interactive chart. Research and development (R&D) expenses are associated with the research and development of a company's goods or services. A company generally incurs R&D expenses in the process of finding and creating new products or services. It is an operating expense and can be deducted from a company's income taxes.

Highlights and Quick Summary

  • R&D Expenses for the quarter ending June 29, 2020 was $1.58 Billion (a 14.72% increase compared to previous quarter)
  • Year-over-year quarterly R&D Expenses decreased by -30.77%
  • Annual R&D Expenses for 2019 was $6.41 Billion (a -37.97% decrease from previous year)
  • Annual R&D Expenses for 2018 was $10.3 Billion (a 106.29% increase from previous year)
  • Annual R&D Expenses for 2017 was $5.01 Billion (a 14.18% increase from previous year)
  • Twelve month R&D Expenses ending June 29, 2020 was $6.79 Billion (a 4.48% increase compared to previous quarter)
  • Twelve month trailing R&D Expenses decreased by -40.25% year-over-year
Trailing R&D Expenses for the last four month:
29 Jun '20 30 Mar '20 30 Dec '19 29 Sep '19
$6.79 Billion $6.5 Billion $6.41 Billion $11.4 Billion
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Historical R&D Expenses of AbbVie Inc.

Most recent R&D Expensesof ABBV including historical data for past 10 years.

Interactive Chart of R&D Expenses of AbbVie Inc.

AbbVie Inc. R&D Expenses for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2020 $1,582.0 $1,379.0
2019 $1,542.0 $2,285.0 $1,291.0 $1,289.0 $6,407.0
2018 $6,495.0 $1,268.0 $1,322.0 $1,244.0 $10,329.0
2017 $1,408.0 $1,228.0 $1,229.0 $1,142.0 $5,007.0
2016 $1,209.0 $1,106.0 $1,124.0 $946.0 $4,385.0
2015 $1,075.0 $1,418.0 $981.0 $811.0 $4,285.0
2014 $879.0 $812.0 $834.0 $772.0 $3,297.0
2013 $798.0 $714.0 $709.0 $634.0 $2,855.0
2012 $681.0 $813.0 $642.0 $642.0 $2,778.0
2011 $2,602.91 $0.0 $0.0 $587.1 $2,618.0
2010 $2,495.0
2009 $1,707.44

Business Profile of AbbVie Inc.

Sector: Medical
Industry: Drugs
AbbVie Inc. discovers, develops, manufactures, and sells pharmaceuticals in the United States, Japan, Germany, Canada, France, Spain, Italy, the Netherlands, the United Kingdom, Brazil, and internationally. The company offers HUMIRA, a therapy administered as an injection for autoimmune and intestinal Behçet's diseases; SKYRIZI to treat moderate to severe plaque psoriasis in adults; RINVOQ, a JAK inhibitor for the treatment of moderate to severe active rheumatoid arthritis in adult patients; IMBRUVICA to treat adult patients with chronic lymphocytic leukemia (CLL), small lymphocytic lymphoma (SLL), mantle cell lymphoma, waldenström's macroglobulinemia, marginal zone lymphoma, and chronic graft versus host disease; VENCLEXTA, a BCL-2 inhibitor used to treat adults with CLL or SLL; VIEKIRA PAK, an interferon-free therapy to treat adults with genotype 1 chronic hepatitis C virus (HCV); TECHNIVIE to treat adults with genotype 4 HCV infection; and MAVYRET to treat patients with chronic HCV genotype 1-6 infection. It also provides SYNAGIS that protects at-risk infants from severe respiratory disease; KALETRA, a prescription anti-HIV-1 medicine; CREON, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid used in the treatment of hypothyroidism; AndroGel for males diagnosed with symptomatic low testosterone; and Lupron, a product for the palliative treatment of advanced prostate cancer, endometriosis and central precocious puberty, and patients with anemia caused by uterine fibroids. In addition, the company offers ORILISSA, a nonpeptide small molecule gonadotropin-releasing hormone antagonist; Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson's disease; and Sevoflurane, an anesthesia product. It has collaborations with Calico Life Sciences LLC; Alector, Inc.; Janssen Biotech, Inc.; Jacobio Pharmaceuticals; I-Mab; and Genmab A/S. The company was incorporated in 2012 and is based in North Chicago, Illinois.