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Stock impact report

AbbVie's US$100b Pledge Raises Questions On Value, Margins And Debt [Yahoo! Finance]

AbbVie Inc. (ABBV) 
Last abbvie inc. earnings: 5/1 07:43 am Check Earnings Report
US:NYSE Investor Relations: investors.abbvie.com/investor-overview
Company Research Source: Yahoo! Finance
AbbVie (NYSE:ABBV) has entered a voluntary agreement with the U.S. government to commit US$100b to U.S. research and development and capital investments over the next decade. The company is also launching a three year effort focused on lowering drug prices while expanding U.S. manufacturing and direct to patient care access. AbbVie is a large U.S. based pharmaceutical company with a portfolio that spans immunology, oncology and other therapeutic areas. The new commitment sits against a backdrop of heightened scrutiny of drug pricing and growing attention on domestic manufacturing capacity. For investors, it ties the story of NYSE:ABBV more closely to long term U.S. healthcare policy and infrastructure priorities. The multi year R&D and investment plan, together with the pricing and access initiative, indicates a period in which AbbVie is aligning its capital spending and commercial approach with government expectations. As details emerge on project timelines, therapeutic focus Show less Read more
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