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3decades

 

MIRA INFORM REPORT

 

 

Report No. :

484452

Report Date :

09.01.2018

 

IDENTIFICATION DETAILS

 

Name :

ABBVIE INC.

 

 

Registered Office :

Corporation Trust Center 1209 Orange St, Wilmington, New Castle, De, 19801, USA

 

 

Country :

United States

 

 

Financials (as on) :

31.12.2016

 

 

Date of Incorporation :

04.10.2012

 

 

Legal Form :

Corporation

 

 

Line of Business :

Subject discovers, develops, manufactures, and sells pharmaceutical products worldwide.

 

 

No. of Employees :

29.000

 

 

RATING & COMMENTS

(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January 2017)

 

MIRA’s Rating :

A

 

Credit Rating

Explanation

Rating Comments

A

Acceptable Risk

Business dealings permissible with moderate risk of default

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Exist

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List

 

Country Name

Previous Rating

(30.06.2017)

Current Rating

(30.09.2017)

United States

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low Risk

 

A2

Moderately Low Risk

 

B1

Moderate Risk

 

B2

Moderately High Risk

 

C1

High Risk

 

C2

Very High Risk

 

D

 


 

UNITED STATES - ECONOMIC OVERVIEW

 

The US has the most technologically powerful economy in the world, with a per capita GDP of $57,300. US firms are at or near the forefront in technological advances, especially in computers, pharmaceuticals, and medical, aerospace, and military equipment; however, their advantage has narrowed since the end of World War II. Based on a comparison of GDP measured at purchasing power parity conversion rates, the US economy in 2014, having stood as the largest in the world for more than a century, slipped into second place behind China, which has more than tripled the US growth rate for each year of the past four decades.

In the US, private individuals and business firms make most of the decisions, and the federal and state governments buy needed goods and services predominantly in the private marketplace. US business firms enjoy greater flexibility than their counterparts in Western Europe and Japan in decisions to expand capital plant, to lay off surplus workers, and to develop new products. At the same time, businesses face higher barriers to enter their rivals' home markets than foreign firms face entering US markets.

Long-term problems for the US include stagnation of wages for lower-income families, inadequate investment in deteriorating infrastructure, rapidly rising medical and pension costs of an aging population, energy shortages, and sizable current account and budget deficits.

The onrush of technology has been a driving factor in the gradual development of a "two-tier" labor market in which those at the bottom lack the education and the professional/technical skills of those at the top and, more and more, fail to get comparable pay raises, health insurance coverage, and other benefits. But the globalization of trade, and especially the rise of low-wage producers such as China, has put additional downward pressure on wages and upward pressure on the return to capital. Since 1975, practically all the gains in household income have gone to the top 20% of households. Since 1996, dividends and capital gains have grown faster than wages or any other category of after-tax income.

Imported oil accounts for nearly 55% of US consumption and oil has a major impact on the overall health of the economy. Crude oil prices doubled between 2001 and 2006, the year home prices peaked; higher gasoline prices ate into consumers' budgets and many individuals fell behind in their mortgage payments. Oil prices climbed another 50% between 2006 and 2008, and bank foreclosures more than doubled in the same period. Besides dampening the housing market, soaring oil prices caused a drop in the value of the dollar and a deterioration in the US merchandise trade deficit, which peaked at $840 billion in 2008. Because the US economy is energy-intensive, falling oil prices since 2013 have alleviated many of the problems the earlier increases had created.

The sub-prime mortgage crisis, falling home prices, investment bank failures, tight credit, and the global economic downturn pushed the US into a recession by mid-2008. GDP contracted until the third quarter of 2009, making this the deepest and longest downturn since the Great Depression. To help stabilize financial markets, the US Congress established a $700 billion Troubled Asset Relief Program (TARP) in October 2008. The government used some of these funds to purchase equity in US banks and industrial corporations, much of which had been returned to the government by early 2011. In January 2009, Congress passed and President Barack OBAMA signed a bill providing an additional $787 billion fiscal stimulus to be used over 10 years - two-thirds on additional spending and one-third on tax cuts - to create jobs and to help the economy recover. In 2010 and 2011, the federal budget deficit reached nearly 9% of GDP. In 2012, the Federal Government reduced the growth of spending and the deficit shrank to 7.6% of GDP. US revenues from taxes and other sources are lower, as a percentage of GDP, than those of most other countries.

Wars in Iraq and Afghanistan required major shifts in national resources from civilian to military purposes and contributed to the growth of the budget deficit and public debt. Through 2014, the direct costs of the wars totaled more than $1.5 trillion, according to US Government figures.

In March 2010, President OBAMA signed into law the Patient Protection and Affordable Care Act, a health insurance reform that was designed to extend coverage to an additional 32 million Americans by 2016, through private health insurance for the general population and Medicaid for the impoverished. Total spending on healthcare - public plus private - rose from 9.0% of GDP in 1980 to 17.9% in 2010.

In July 2010, the president signed the DODD-FRANK Wall Street Reform and Consumer Protection Act, a law designed to promote financial stability by protecting consumers from financial abuses, ending taxpayer bailouts of financial firms, dealing with troubled banks that are "too big to fail," and improving accountability and transparency in the financial system - in particular, by requiring certain financial derivatives to be traded in markets that are subject to government regulation and oversight.

In December 2012, the Federal Reserve Board (Fed) announced plans to purchase $85 billion per month of mortgage-backed and Treasury securities in an effort to hold down long-term interest rates, and to keep short-term rates near zero until unemployment dropped below 6.5% or inflation rose above 2.5%. In late 2013, the Fed announced that it would begin scaling back long-term bond purchases to $75 billion per month in January 2014 and further reduce them as conditions warranted; the Fed ended the purchases during the summer of 2014. In 2014, the unemployment rate dropped to 6.2%, and continued to fall to 5.5% by mid-2015, the lowest rate of joblessness since before the global recession began; inflation stood at 1.7%, and public debt as a share of GDP continued to decline, following several years of increases. In December 2015, the Fed raised its target for the benchmark federal funds rate by 0.25%, the first increase since the recession began. With US GDP growth below 2%, the Fed has opted to raise rates three times since then, and in mid-June 2017, the range for the target rate stood at 1% to 1.25%.

 

Source : CIA

 

 


STATUTORY INFORMATION      

 

Legal Name:

ABBVIE INC.

TradeName:

ABBVIE INC.

ID:

5126809

Date Created:

2012

Date Incorporated:

4/10/2012

Legal Address:

CORPORATION TRUST CENTER 1209 ORANGE ST, WILMINGTON, NEW CASTLE, DE, 19801, USA

 

Operative Address:

1 North Waukegan Road

North Chicago, IL 60064

United States

Telephone:

847-932-7900

Fax:

-

Legal Form:

CORPORATION

Email:

customerservice@abbvie.com

Registered in:

DELAWARE

Website:

www.abbvie.com

Contact:

Richard A. Gonzalez - Chairman of the Board and Chief Executive Officer

Staff:

29.000

Activity:

SIC Code          2834, Pharmaceutical Preparations

NAICS Code     325412, Pharmaceutical Preparation Manufacturing

 

 

 

History:

The company was incorporated in 2012 and is based in North Chicago, Illinois. It also has collaboration agreements with C2N Diagnostics; Calico Life Sciences LLC; Infinity Pharmaceuticals, Inc.; M2Gen; Harpoon Therapeutics, Inc.; and Principia Biopharma Inc.

 

 

Key Developments:

AbbVie Announces Phase 3 Study of Venclexta™/ Venclyxto™ (Venetoclax) in Combination with Rituxan® Meets Its Primary Endpoint

Dec 12 17

 

AbbVie announced the first presentation of efficacy and safety results from MURANO, an international, multicenter, open-label, randomized Phase 3 study of VENCLEXTA™/VENCLYXTO™ in combination with Rituxan® compared with bendamustine in combination with Rituxan in patients with relapsed or refractory (R/R) chronic lymphocytic leukemia (CLL). Investigator-assessed results showed that patients with R/R CLL achieved significantly prolonged median progression-free survival (PFS) with VENCLEXTA/VENCLYXTO in combination with Rituxan [median PFS, not reached], compared with bendamustine in combination with Rituxan [median PFS, 17.0 months; hazard ratio, 0.17; 95% CI, 0.11 "0.25; P1 Twenty-four month PFS estimates were 84.9% and 36.3%, respectively.1 Independent Review Committee (IRC)-assessed PFS showed similar results.1 Additionally, consistent improvement in PFS was observed across the patient subgroups assessed in the trial, including patients with 17p deletion [hazard ratio 0.14; 95% CI, 0.06 "0.33].1 VENCLEXTA/VENCLYXTO is being developed by AbbVie and Roche. It is jointly commercialized by AbbVie and Genentech, a member of the Roche Group, in the U.S. and by AbbVie outside of the U.S.

 

Abbvie Announces New Data on the Biologic and Cellular Mechanisms of IMBRUVICA® (ibrutinib) in Patients with Chronic Graft-Versus-Host Diseas

Dec 11 17

 

AbbVie announced new data on the biologic and cellular mechanisms of IMBRUVICA® (ibrutinib) in patients with chronic graft-versus-host disease (cGVHD), a potentially life-threatening consequence of an allogeneic stem cell or bone marrow transplant. New results showed ibrutinib selectively inhibited pre-germinal center B cells and follicular helper T cells (Tfh) that are believed to play a critical role in treating cGVHD. In addition, the data also showed that ibrutinib preserved immune memory and Th1 T cells, which suggests the potential for additional treatment benefit. These results were observed in a Phase 1b/2 trial (PCYC-1129). The data will be presented at the 59thAmerican Society of Hematology (ASH) Annual Meeting and Exposition on Dec. 11 in Atlanta (abstract #4481). IMBRUVICA is a first-in-class Bruton's tyrosine kinase (BTK) inhibitor jointly developed and commercialized by Pharmacyclics LLC, an AbbVie company, and Janssen Biotech Inc. Patients can develop GVHD, a potentially life-threatening complication, following an allogeneic stem cell or bone marrow transplant. The condition occurs when donor immune cells mistakenly attack patient's normal tissues. The effects of GVHD can be seen throughout the body, affecting almost any organ and manifesting through rashes and skin thickening, joint pain and stiffness, eye dryness and irritation, diarrhea, jaundice, mouth sores and ulcers, and severe lung dysfunction. The incidence of cGVHD has continued to increase over time, with approximately 30% to 70% of post-allogeneic transplant patients developing the condition. The U.S. Food and Drug Administration (FDA) recently granted approval of IMBRUVICA for the treatment of adult patients with cGVHD after failure of one or more lines of systemic therapy. This approval was based on data recently published in Blood. Data derived from the use of Nanostring gene expression analysis showed ibrutinib reduced inflammatory genes, including NFkB-1 and chemokines CXCL10, CCL7 and CCL3 (2.6, 2.3, 25, and 1.8-fold decrease, respectively), over the first three months. Additionally, a luminex plasma quantification showed several additional chemotactic, inflammatory, and fibrotic factors (CCL22, CXCL9, CXCL10, IL-8, sCD25, CCL4, and ST2) decreased in 69-80% of patients treated with ibrutinib. A 42-parameter CyTOF single cell analysis also revealed a 10-fold reduction in absolute numbers of cGVHD implicated pre-germinal center B cells (CD19+, CD27+, CD38+, IgD+), and notably diminished Tfh, Th17, and total B cells (2.6, 1.5, and 1.4-fold decrease, respectively) over the first three months following ibrutinib therapy. The relative numbers of CD4+ and CD8+ T cells remained unchanged, although the total number of CD8+ cells seemed to follow an increasing trend. An analysis of relative numbers of T-cell subsets indicated a trend towards increasing numbers of Th1 and T regulatory cells, while Tfh cells and iNKT cells showed a trend towards decreasing numbers when compared with pretreatment numbers and 343 days of follow up. IgG plasma levels persisted while IgM significantly decreased supporting an ibrutinib germinal center effect that did not deplete long-lived plasma cells. Further, T cell reactivity against influenza increased, and antibodies against EBV and tetanus remained unchanged. However, single cell phosphorylation analysis showed BTK and interleukin-2-inducible T-cell kinase (ITK) signaling decreased following ibrutinib treatment in defined B and T-cell subsets. IMBRUVICA (ibrutinib) is a first-in-class, oral, once-daily therapy that mainly works by blocking a protein called Bruton's tyrosine kinase (BTK). BTK is a key signaling molecule in the B-cell receptor signaling complex that plays an important role in the survival and spread of malignant B cells as well as other serious, debilitating conditions.5 IMBRUVICA blocks signals that tell malignant B cells to multiply and spread uncontrollably. IMBRUVICA is FDA-approved in six distinct patient populations: chronic lymphocytic leukemia (CLL), small lymphocytic lymphoma (SLL), Waldenström's macroglobulinemia (WM), along with previously-treated mantle cell lymphoma (MCL), previously-treated marginal zone lymphoma (MZL) and previously-treated chronic graft-versus-host disease (cGVHD).

 

AbbVie Announces New Three-Year Follow-Up Data from the RESONATE™-2 Study (PCYC-1115/1116)

Dec 9 17

 

AbbVie announced new three-year follow-up data from the RESONATE™-2 study (PCYC-1115/1116), which found that previously-untreated chronic lymphocytic leukemia/small lymphocytic lymphoma (CLL/SLL) patients reported sustained improvements in measures of well-being with IMBRUVICA® (ibrutinib) versus chemotherapy with chlorambucil. These new data provide the longest quality of life follow up for ibrutinib to date using patient-reported outcomes (PRO). Patients reported their quality of life outcomes for fatigue, mobility, self-care, usual activities, pain/discomfort and anxiety/depression. At 30 months, ibrutinib was also associated with a greater progression-free survival (PFS) rate of 85% versus chlorambucil, which had a PFS rate of 28%. The new RESONATE-2 data will be presented at the 59thAmerican Society of Hematology (ASH) Annual Meeting and Exposition on Dec. 9 in Atlanta (abstract #1746). IMBRUVICA is a first-in-class Bruton's tyrosine kinase (BTK) inhibitor jointly developed and commercialized by Pharmacyclics LLC, an AbbVie company, and Janssen Biotech Inc.

 

 

 

PRINCIPAL ACTIVITY

 

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide.

Products/Services description:

The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of patients with chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for the treatment of adults with genotype 1 chronic hepatitis C. It also provides Kaletra, an anti- human immunodeficiency virus(HIV)-1 medicine used with other anti-HIV-1 medications as a treatment that maintains viral suppression in HIV-1 patients; Norvir, a protease inhibitor indicated in combination with other antiretroviral agents to treat HIV-1; and Synagis to prevent RSV infection at-risk infants. In addition, the company offers AndroGel, a testosterone replacement therapy for males diagnosed with symptomatic low testosterone; Creon, a pancreatic enzyme therapy for exocrine pancreatic insufficiency; Synthroid to treat hypothyroidism; and Lupron, a product for the palliative treatment of prostate cancer, endometriosis, and central precocious puberty, as well as for the treatment of patients with anemia. Further, it provides Duopa and Duodopa, a levodopa-carbidopa intestinal gel to treat Parkinson’s disease; Sevoflurane, an anesthesia product for human use; and ZINBRYTA, a subcutaneous treatment for relapsing forms of multiple sclerosis. The company sells its products to wholesalers, distributors, government agencies, health care facilities, specialty pharmacies, and independent retailers from its distribution centers and public warehouses.

Brands:

Abbvie

Sales are:

Wholesale

Clients:

Index Saci

Ministerio De Salud Publica

Abbvie S.A.S.

Abbott Laboratories De Mexico Sa De Cv

Hivos International

Suppliers:

Anthem Biosciences Private Limited

Divis Laboratories Ltd.

Suven Life Sciences Limited

Abbvie Operations Singapore Pte Ltd

Besins Healthcare

AbbVie Logistics B.V.

Operations area:

National and International

The company imports from

INDIA

SINGAPORE

BELGIUM

THE NETHERLANDS

The company exports to

PARAGUAY

COLOMBIA

MEXICO

BOLIVIA

The subject employs

29.000 employees

Payments:

Regular

 

 

 

LOCATION

 

Headquarters :

1 North Waukegan Road

North Chicago, IL 60064

United States

Branches:

Abbvie Inc. (Branch Location)

75 N Fairway Dr

Vernon Hills, Illinois 60061-1845

United States

 

Abbvie Inc. (Branch Location)

2425 Busse Rd

Elk Grove Village, Illinois 60007-5737

United States

 

Abbvie Inc. (Branch Location)

100 Research Dr

Worcester, Massachusetts 01605-4312

United States

 

Abbvie Inc. (Branch Location)

9615 Ave Los Romeros

San Juan, Puerto Rico 00926-7036

United States

 

Subsidiaries:

AbbVie Biopharmaceuticals LLC - Delaware

AbbVie Bioresearch Center Inc. - Delaware

AbbVie Biotech Ventures Inc. - Delaware

AbbVie Biotherapeutics Inc. - Delaware

AbbVie Endocrine Inc. - Delaware

AbbVie Endocrinology Inc. - Delaware

AbbVie Holdings Inc. - Delaware

AbbVie Pharmaceuticals LLC - Delaware

AbbVie Products LLC - Georgia

AbbVie Purchasing LLC - Delaware

AbbVie Resources Inc. - Delaware

AbbVie Resources International Inc. - Delaware

AbbVie Respiratory LLC - Delaware

AbbVie Stemcentrx LLC - Delaware

AbbVie US Holdings LLC - Delaware

AbbVie US LLC - Delaware

AbbVie Ventures LLC - Delaware

Aeropharm Technology, LLC - Delaware

BioDisplay Technologies, Inc. - Illinois

Fremont Holding L.L.C. – Delaware

IEP Pharmaceutical Devices, LLC - Delaware

Knoll Pharmaceutical Company  - New Jersey   

KOS Pharmaceuticals, Inc. - Delaware   

Life Properties Inc.  - Delaware    

Organics L.L.C. - Delaware          

Pharmacyclics LLC - Delaware  

Rowell Laboratories, Inc. - Minnesota

Sapphire Merger Sub, Inc. - Delaware

Unimed Pharmaceuticals, LLC - Delaware

Vernal Holdings Inc.                 Delaware

AbbVie S.A. - Argentina             

AbbVie Pty Ltd - Australia           

AbbVie GmbH - Austria

AbbVie Bahamas Ltd. - Bahamas          

AbbVie SA - Belgium    

AbbVie Ltd - Bermuda

AbbVie Biotechnology Ltd - Bermuda

AbbVie Holdings Unlimited - Bermuda

AbbVie d.o.o. - Bosnia

AbbVie Farmacęutica Ltda. - Brazil

AbbVie Participaçőes Ltda. - Brazil

AbbVie EOOD - Bulgaria

AbbVie Corporation- Canada

AbbVie Holdings Corporation - Canada

 Pharmacyclics Cayman Ltd. - Cayman Islands

Stemcentrx Cayman Ltd. - Cayman Islands

AbbVie Productos Farmacéuticos Limitada - Chile

AbbVie Pharmaceutical Trading (Shanghai) Co., Ltd – China         

Pharmacyclics (Shanghai) Management Consulting Services Limited - China              

AbbVie S.A.S. - Colombia

AbbVie d.o.o. - Croatia

AbbVie Limited - Cyprus

AbbVie s.r.o. - Czech Republic

AbbVie A/S - Denmark

AbbVie, S.R.L. - Dominican Republic

AbbVie L.L.C. - Egypt

AbbVie Oy - Finland

AbbVie SAS - France

AbbVie Holdings SAS - France

Abbott Products GmbH - Germany

AbbVie Biotechnology GmbH - Germany

AbbVie Deutschland GmbH & Co. KG - Germany

AbbVie Komplementär GmbH - Germany

AbbVie Real Estate Management GmbH - Germany

AbbVie (Gibraltar) Holdings Limited - Gibraltar

AbbVie (Gibraltar) Limited - Gibraltar

AbbVie Pharmaceuticals Societe Anonyme -Greece

AbbVie, S.A. - Guatemala

AbbVie Limited -Hong Kong

AbbVie Kft. - Hungary

AbbVie Biopharmaceuticals Private Limited - India

AbbVie Ireland Holdings Limited - Ireland

AbbVie Ireland Unlimited Company - Ireland

AbbVie Limited - Ireland

AbbVie Manufacturing Management Limited - Ireland

Fournier Laboratories Ireland Ltd. - Ireland

Pharmacyclics (Europe) Limited - Ireland

AbbVie Biopharmaceuticals Ltd - Israel

AbbVie S.r.l. - Italy

AbbVie GK -Japan

AbbVie Holdings KK - Japan

AbbVie Ltd                  Jersey

AbbVie UK Biopharmaceuticals Ltd - Jersey

AbbVie UK Ltd - Jersey

AbbVie Ltd - Korea, South

AbbVie SIA - Latvia

AbbVie UAB - Lithuania

AbbVie (Gibraltar) Holdings Limited Luxembourg S.C.S.-

Luxembourg

AbbVie International S.ŕ r.l. - Luxembourg

AbbVie Investments S.ŕ r.l. - Luxembourg

AbbVie Overseas S.ŕ r.l. - Luxembourg

AbbVie S.ŕ r.l. - Luxembourg

AbbVie Sdn. Bhd. - Malaysia

AbbVie Farmacéuticos, S.A. de C.V. - Mexico

AbbVie B.V. - Netherlands

AbbVie Finance B.V. - Netherlands

AbbVie Ireland NL B.V. - Netherlands

AbbVie Japan Holdings B.V. - Netherlands

AbbVie Logistics B.V - Netherlands

AbbVie Nederland Holdings B.V. - Netherlands

AbbVie Pharmaceuticals B.V. - Netherlands

AbbVie Research B.V. - Netherlands

AbbVie Venezuela B.V. - Netherlands

AbbVie Venezuela Holdings B.V. - Netherlands

AbbVie Limited - New Zealand

AbbVie AS - Norway

AbbVie, S. de R.L. - Panama

AbbVie Polska Sp. z o.o. - Poland

AbbVie Sp. z o.o. - Poland

AbbVie, L.da - Portugal

AbbVie Promoçăo, L.da - Portugal

AbbVie Corp - Puerto Rico

Knoll LLC - Puerto Rico

S.C. AbbVie S.R.L. - Romania

AbbVie Limited Liability Company - Russia

AbbVie Operations Singapore Pte. Ltd. - Singapore

AbbVie Pte. Ltd. - Singapore

AbbVie Holdings s.r.o. - Slovakia

AbbVie s.r.o. - Slovakia

AbbVie d.o.o. - Slovenia

AbbVie (Pty) Ltd. - South Africa

AbbVie Spain, S.L. - Spain

Fundación AbbVie - Spain

AbbVie AB - Sweden

AbbVie AG - Switzerland

AbbVie Biopharmaceuticals GmbH - Switzerland

Pharmacyclics Switzerland GmbH - Switzerland

AbbVie Ltd. - Thailand

AbbVie Sarl- Tunisia

AbbVie Tıbbi İlaçlar Sanayi ve Ticaret Limited Şirketi - Turkey

AbbVie Australasia Holdings Limited - United Kingdom

AbbVie Biotherapeutics Limited - United Kingdom

AbbVie Investments Limited - United Kingdom

AbbVie Ltd - United Kingdom

AbbVie Trustee Company Limited - United Kingdom

AbbVie UK Holdco Limited - United Kingdom

AbbVie S.A. - Uruguay

AbbVie Pharmaceuticals SCA - Venezuela

 

 

 

GROUP STRUCTURE AND SUBSIDIARY COMPANIES

 

Listed at the stock exchange:

YES: AbbVie Inc. (ABBV)

Market Capital:

160.633B

Outstanding Shares:

1,593,920,285

Shareholders:

 

Direct Holders

 

Name

Shares

GONZALEZ RICHARD A

273,837

CHASE WILLIAM J

183,543

SEVERINO MICHAEL

114,922

ALBAN CARLOS

114,745

SCHUMACHER LAURA J

105,732

SALEKI-GERHARDT AZITA

84,799 

HURWICH THOMAS A.

62,329 

GOSEBRUCH HENRY O

50,902 

AUSTIN ROXANNE S

36,296 

TILTON GLENN F

32,436

Top Institutional Holders

 

Holder

Shares

Capital Research Global Investors

189,015,179

Vanguard Group, Inc. (The)

117,946,653

Blackrock Inc.

98,607,344

State Street Corporation

68,247,894

Northern Trust Corporation

22,322,866

Bank of America Corporation    

19,737,492

Bank Of New York Mellon Corporation

16,780,911

Geode Capital Management, LLC

15,345,660

Capital World Investors

15,201,004

State Farm Mutual Automobile Insurance Co

15,061,000

Top Mutual Fund Holders

 

Holder

Shares

Investment Company Of America

57,880,449

Vanguard Total Stock Market Index Fund

36,634,667

Capital Income Builder, Inc.

31,393,000

Capital World Growth and Income Fund

28,854,095

Vanguard 500 Index Fund

25,159,195

Growth Fund Of America Inc

22,390,657

SPDR S&P 500 ETF Trust

17,933,914

Vanguard Institutional Index Fund-Institutional Index Fund

17,464,855           

American Mutual Fund Inc

17,258,200

Amcap Fund

16,011,000

Management:

Richard A. Gonzalez - Chairman of the Board and Chief Executive Officer

Mr. William J. Chase - Executive Vice President & Chief Financial Officer

Mr. Henry O. Gosebruch - Executive VP & Chief Strategy Officer

Ms. Laura J. Schumacher - Executive Vice President of External Affairs, General Counsel & Corporate Secretary

Mr. Michael E. Severino M.D. - Executive Vice President of Research & Development & Chief Scientific Officer

 

 

FINANCIAL INFORMATION

 

We attach company’s last financial statements.

 

LEGAL FILINGS

 

 

 

PATENTS

COMPOSITION AND METHOD FOR THE DIAGNOSIS AND TREATMENT OF DISEASES ASSOCIATED WITH NEURITE DEGENERATION

Publication number: 20130330347

Abstract: Provided herein are antibodies and methods of using the antibodies to treat and diagnose neurite degenerative diseases and disorders.

Type: Application

Filed: January 25, 2013

Publication date: December 12, 2013

Applicants: ABBVIE INC., ABBVIE DEUTSCHLAND GMBH & CO. KG

Inventors: ABBVIE DEUTSCHLAND GMBH & CO. KG, AbbVie Inc.

 

COMPOSITION AND METHOD FOR THE DIAGNOSIS AND TREATMENT OF IRON-RELATED DISORDERS

Publication number: 20130330343

Abstract: Provided herein are methods of using the antibodies that bind to RGMc to treat and diagnose iron-related disorders.

Type: Application

Filed: December 13, 2012

Publication date: December 12, 2013

Applicants: AbbVie Inc., AbbVie Deutschland GmbH & Co. KG

Inventors: AbbVie Deutschland GmbH & Co. KG, AbbVie Inc.

 

COMPOSITION AND METHOD FOR THE DIAGNOSIS AND TREATMENT OF IRON-RELATED DISORDERS

Publication number: 20130330359

Abstract: Provided herein are antibodies and methods of using the antibodies to treat, prevent, modulate, attenuate and diagnose iron-related disorders.

Type: Application

Filed: December 13, 2012

Publication date: December 12, 2013

Applicants: AbbVie Inc., AbbVie Deutschland GmbH & Co. KG

Inventors: AbbVie Deutschland GmbH & Co. KG, AbbVie Inc.

 

ISOINDOLINE DERIVATIVES, PHARMACEUTICAL COMPOSITIONS CONTAINING THEM, AND THEIR USE IN THERAPY

Publication number: 20130210880

Abstract: The present invention relates to isoindoline derivatives of the formula (I) or a physiologically tolerated salt thereof. The present invention also relates to pharmaceutical compositions comprising such isoindoline derivatives, and the use of such isoindoline derivatives for therapeutic purposes.

Type: Application

Filed: February 11, 2013

Publication date: August 15, 2013

Applicants: AbbVie Inc., AbbVie Deutschland GmbH & Co. KG

Inventors: AbbVie Deutschland GmbH & Co. KG, AbbVie Inc.    

 

 

GOVERNMENT CONTRACTS

Government Contractor: ABBVIE US LLC

Name & Address: 1 N WAUKEGAN RD

NORTH CHICAGO, IL 60064-1802

 Number of Defense Contracts Awarded:1

Dollar Amount of Defense Contracts Awarded:$0

 

 

CASES

Hall et al v. AbbVie, Inc. et al

Plaintiff: Raymond L. Hall and Sharon Hall

Defendant: AbbVie, Inc. and Abbott Laboratories, Inc.

Case Number: 1:2018cv00064

Filed: January 4, 2018

Court: Illinois Northern District Court

Office: Chicago Office

County: Cook

Presiding Judge: Matthew F. Kennelly

Nature of Suit: Other

Cause of Action: 28:1332

Jury Demanded By: Plaintiff

 

Busch et al v. AbbVie, Inc. et al

Plaintiff: Kenneth Busch and Jolie Lyn Busch

Defendant: AbbVie, Inc. and Abbott Laboratories, Inc.

Case Number: 1:2018cv00043

Filed: January 3, 2018

Court: Illinois Northern District Court

Office: Chicago Office

County: Cook

Presiding Judge: Matthew F. Kennelly

Nature of Suit: Other

Cause of Action: 28:1332

Jury Demanded By: Plaintiff

 

Townsend v. AbbVie Inc. et al

Plaintiff: Ronald E Townsend , Jr.

Defendant: AbbVie Inc., Abbott Laboratories, Inc., AbbVie Products LLC, Unimed Pharmaceuticals, LLC and Besins Healthcare, S.A.

Case Number: 1:2018cv00010

Filed: January 2, 2018

Court: Illinois Northern District Court

Office: Chicago Office

County: Cook

Presiding Judge: Matthew F. Kennelly

Nature of Suit: Other

Cause of Action: 28:1332

Jury Demanded By: Plaintiff

 

 

TRADEMARKS

CECON

VITAMIN PREPARATION CONTAINING VITAMIN C

Owned by: ABBVIE INC.

Serial Number: 71488181

 

SURBEX

MULTIPLE VITAMIN PREPARATION

Owned by: ABBVIE INC.

Serial Number: 71501298

 

TRIDIONE

ANTICONVULSANT INTENDED FOR USE IN TREATMENT OF THE PETIT MAL TRIAD AND OTHER CONVULSIVE DISORDERS

Owned by: ABBVIE INC.

Serial Number: 71531173

 

DULCET

ORALLY ADMINISTRABLE TABLETS CONTAINING VARIOUS MEDICINAL AGENTS AND DRUGS INTENDED FOR MEDICAL USES SUCH AS: ANALGESICS…

Owned by: ABBVIE INC.

Serial Number: 71531573

 

SYNTHROID

SYNTHETIC THYROXINE FOR TREATMENT OF MYXEDEMA, CRETINISM, AND VARIOUS OTHER HYPOMETABOLIC STATES

Owned by: ABBVIE INC.

Serial Number: 71631584

 

FILMTAB

TASTE-INHIBITING COATING ON ORALLY ADMINISTERED MEDICINAL TABLETS

Owned by: ABBVIE INC.

Serial Number: 71665334

 

 

 

SUMMARY

AbbVie Inc. discovers, develops, manufactures, and sells pharmaceutical products worldwide.

 

The company offers HUMIRA, a biologic therapy administered as a subcutaneous injection to treat autoimmune diseases; IMBRUVICA, an oral therapy for the treatment of patients with chronic lymphocytic leukemia; and VIEKIRA PAK, an interferon-free therapy, with or without ribavirin, for the treatment of adults with genotype 1 chronic hepatitis C.

 

It has 29.000 regular employees. It operates nationally and internationally, mainly importing from India, Singapore, Belgium and the Netherlands.

 

The company shows positive profitability in its last financial figures.

 

 

RISK INFORMATION

 

 

 

DEBTS

PAYMENTS

Regular

CASH FLOW

Normal

STATUS

Active

 

 

INTERVIEW

 

NAME

Amanda

POSITION

Operator

COMMENTS

She confirmed the name of the company, the address of the headquarters and location, the date of creation of the company, the number of employees and the name of the Chief Executive Officer.

 


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

INR 63.67

UK Pound

1

INR 86.11

Euro

1

INR 76.59

US Dollar

1

INR 63.48

 

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

VAR

 

 

Report Prepared by :

TRU

 


 

RATING EXPLANATIONS

 

Credit Rating

Explanation

Rating Comments

A++

Minimum Risk

Business dealings permissible with minimum risk of default

A+

Low Risk

Business dealings permissible with low risk of default

A

Acceptable Risk

Business dealings permissible with moderate risk of default

B

Medium Risk

Business dealings permissible on a regular monitoring basis

C

Medium High Risk

Business dealings permissible preferably on secured basis

D

High Risk

Business dealing not recommended or on secured terms only

NB

New Business

No recommendation can be done due to business in infancy stage

NT

No Trace

No recommendation can be done as the business is not traceable

 

NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.

 

This score serves as a reference to assess SC’s credit risk and to set the amount of credit to be extended. It is calculated from a composite of weighted scores obtained from each of the major sections of this report. The assessed factors are as follows:

 

·         Financial condition covering various ratios

·         Company background and operations size

·         Promoters / Management background

·         Payment record

·         Litigation against the subject

·         Industry scenario / competitor analysis

·         Supplier / Customer / Banker review (wherever available)

 

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This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.