Mission Statement, Vision, & Core Values (2024) of AbbVie Inc. (ABBV).

Mission Statement, Vision, & Core Values (2024) of AbbVie Inc. (ABBV).

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An Overview of AbbVie Inc. (ABBV)

General Summary of AbbVie Inc. (ABBV)

AbbVie Inc. is a global biopharmaceutical company founded in 2013 as a spin-off from Abbott Laboratories. Headquartered in North Chicago, Illinois, the company develops advanced therapies and innovative medicines.

Key Product Portfolio:

  • Humira (immunology)
  • Skyrizi (psoriasis treatment)
  • Rinvoq (rheumatoid arthritis)
  • Imbruvica (cancer treatment)

Total Revenue for 2023: $59.2 billion

Financial Performance

Financial Metric 2023 Value
Total Revenue $59.2 billion
Net Income $13.7 billion
R&D Expenses $7.4 billion
Humira Global Sales $21.4 billion

Industry Leadership

Market Position Highlights:

  • Ranked #43 on Fortune 500 list
  • Operates in over 175 countries
  • Employs approximately 50,000 professionals globally



Mission Statement of AbbVie Inc. (ABBV)

Mission Statement of AbbVie Inc. (ABBV)

AbbVie's mission statement focuses on discovering, developing, and delivering innovative biopharmaceutical therapies that address complex medical challenges.

Core Components of Mission Statement

Medical Innovation Focus

AbbVie's mission emphasizes breakthrough medical solutions across key therapeutic areas:

Therapeutic Area Annual Research Investment
Immunology $3.4 billion
Oncology $2.9 billion
Neuroscience $1.7 billion

Research and Development Commitment

  • R&D spending in 2023: $7.3 billion
  • 150+ active clinical trials worldwide
  • 4,500+ active research scientists

Patient-Centric Approach

AbbVie's patient impact metrics:

Patient Reach Number
Global patients treated 49.3 million
Rare disease treatments 32 approved therapies

Global Healthcare Contribution

Financial performance supporting mission:

  • 2023 Total Revenue: $56.2 billion
  • Global market presence: 175 countries
  • Number of approved medications: 47



Vision Statement of AbbVie Inc. (ABBV)

Vision Statement Overview of AbbVie Inc.

AbbVie's vision statement focuses on transforming patient lives through advanced science and innovative biopharmaceutical research.

Key Vision Components

Innovation in Healthcare Delivery

AbbVie's vision emphasizes breakthrough medical solutions with specific focus areas:

  • Immunology treatment development
  • Oncology research advancement
  • Neuroscience therapeutic innovations
Research Investment 2024 Amount
Total R&D Expenditure $7.4 billion
Percentage of Revenue 19.2%

Strategic Vision Metrics

Global Healthcare Impact
Global Reach Indicator 2024 Statistic
Countries with Active Operations 175
Patient Treatments Developed 14 major therapeutic areas

Vision Execution Strategy

AbbVie's vision implementation involves:

  • Precision medicine development
  • Advanced biotechnology research
  • Collaborative scientific partnerships
Scientific Collaboration 2024 Data
Research Partnerships 37 active academic collaborations
External Research Investments $1.2 billion



Core Values of AbbVie Inc. (ABBV)

Core Values of AbbVie Inc. (ABBV) in 2024

Innovation and Scientific Excellence

AbbVie invested $7.4 billion in research and development in 2023. The company maintains 42 research and development facilities globally.

R&D Investment Global R&D Facilities
$7.4 billion 42 facilities

Patient-Centered Approach

AbbVie supports 1,200+ patient assistance programs worldwide. The company provided $4.3 billion in patient support services in 2023.

  • 1,200+ patient assistance programs
  • $4.3 billion in patient support services

Ethical Business Practices

AbbVie maintains a 94% compliance rate in corporate ethics assessments. The company reported zero major regulatory violations in 2023.

Ethics Compliance Rate Regulatory Violations
94% 0 major violations

Sustainability Commitment

AbbVie reduced carbon emissions by 42% in 2023. The company achieved 100% renewable energy in 23 global manufacturing sites.

  • 42% carbon emissions reduction
  • 23 sites with 100% renewable energy

Diversity and Inclusion

AbbVie's workforce comprises 52% women and 48% men. 35% of leadership positions are held by women as of 2023.

Women in Workforce Women in Leadership
52% 35%

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