abbvie sustainability report 2018

AbbVie expects to deliver adjusted diluted EPS for the full-year 2019 of $8.65 to $8.75, representing growth of 10.0 percent at the mid-point. Continued approval for this indication may be contingent upon verification and description of clinical benefit in confirmatory trials, which are expected to be completed in 2019. AbbVie is providing these links to you only as a convenience and the inclusion of any link does not imply endorsement of the linked site by AbbVie. Unless otherwise specified, all product names appearing in this Internet site are trademarks owned by or licensed to AbbVie Inc., its subsidiaries or affiliates. Global net revenues from the hematologic oncology portfolio were, Fourth-quarter global HCV net revenues were. In order to create a stronger and healthier world, we and companies like ours need to evolve. AbbVie undertakes no obligation to release publicly any revisions to forward-looking statements as a result of subsequent events or developments, except as required by law. AbbVie (NYSE: ABBV) today announced new results from a post-hoc analysis of the Phase 3 SELECT-BEYOND clinical trial evaluating RINVOQ (upadacitinib; 15 mg, once daily) in patients with moderate . Non-GAAP financial measures should be considered in addition to, and not as a substitute for, measures of financial performance prepared in accordance with GAAP. 0000000016 00000 n . Sustainability being a broad and evolving spectrum, Louis constantly upskills himself on these topics to be relevant and contribute effectively to discussions. Feb 2015 - Apr 2018 3 years 3 months. Global HUMIRA sales increased 0.5 percent on a reported basis, or 1.4 percent operationally, excluding a 0.9 percent unfavorable impact from foreign exchange. Such risks and uncertainties include, but are not limited to, challenges to intellectual property, competition from other products, difficulties inherent in the research and development process, adverse litigation or government action, and changes to laws and regulations applicable to our industry. The call will be webcast through AbbVie's Investor Relations website at investors.abbvie.com. Impacts of U.S. tax reform primarily reflects a net tax benefit related to the timing of the new legislation's phase in on certain subsidiaries. We are committed to collaboration - with our communities, our patients and customers, our employees, policymakers and the public. AbbVie is issuing GAAP diluted EPS guidance for the full-year 2019 of $7.39 to $7.49. DNV GL holds other audit . The company's mission is to use its expertise, dedicated people and unique approach to innovation to markedly improve treatments across four primary therapeutic areas: immunology, oncology, virology and neuroscience. We are also using solar power at a small scale which further reduces usage of fossil fuels. Terms of use Atlassian's fourth sustainability report details our environmental, social, and governance progress between July 1, 2021 to June 30, 2022. hb```f`` l@q Vj@'&H/&t1`dO')h`E&;^1x|sbKb{ZxB"l26kSoH8G.1I%${%-rKCzm u0vtt0G40"1\\" vqh`qq1q7 ("M 5 4+A fy00vq1hs0s` This area is reserved for members of the news media. 239 0 obj Refer to the Reconciliation of GAAP Reported to Non-GAAP Adjusted Information for further details. startxref <<82A1526AD21DB2110A0004F720E6C4FF>]/Prev 258946>> Data in this report covers our worldwide operations, including consolidated subsidiaries but excluding joint ventures. trailer Sustainability report 2013. The after-tax net impact of this impairment and the related adjustment to contingent consideration liabilities was. At the American Society of Hematology Annual Meeting & Exposition (ASH), AbbVie presented data from nearly 40 abstracts, including 13 oral presentations and more than 20 poster presentations. Impacts of U.S. tax reform primarily reflects a net tax benefit related to the timing of the new legislation's phase in on certain subsidiaries. | We replaced conventional fossil fuels with piped natural gas for steam generation. AbbVie cautions that these forward-looking statements are subject to risks and uncertainties that may cause actual results to differ materially from those indicated in the forward-looking statements. The continued momentum of our business, combined with the launch and ramp of several new products, will allow us to drive strong earnings growth once again in 2019 and position us for growth over the longer term.". An archived edition of the call will be available after 11:00 a.m. Central time. At the United European Gastroenterology Week (UEGW) conference, AbbVie showcased its gastroenterology portfolio with 11 presentations of HUMIRA and pipeline data, including the first presentation of data from a Phase. Impacts of U.S. tax reform primarily reflects a net tax benefit related to the timing of the new legislation's phase in on certain subsidiaries. Society: how we contribute to a better tomorrow for all. Internationally, HUMIRA sales declined 14.8 percent operationally due to direct biosimilar competition in certain international markets. The link below will take you out of the AbbVie family of websites. Reconciliation of GAAP Reported to Non-GAAP Adjusted Information. Key performance indicators *Figures exclude two R&D facilities which were not included in the 2015 baseline. 353 01 428 7940. On a GAAP basis, the operating margin in the fourth quarter was negative 29.4 percent. The company's 2019 financial guidance is also being provided on both a reported and a non-GAAP basis. The company's 2019 GAAP guidance does not reflect non-cash charges for contingent consideration adjustments related to the expected approval of risankizumab in the first half of the year. - Reports Full-Year Diluted EPS of $3.66 on a GAAP Basis; Adjusted Diluted EPS of $7.91 Reflects Growth of 41.3 Percent. 0000004520 00000 n Download PDF. On a GAAP basis, net interest expense was, Diluted loss per share in the fourth quarter was. As a result, the site may contain information on pharmaceuticals that are not approved in other countries or region. 2. 3. At the heart of AbbVie lies a single guiding belief: That our commitment to science is a commitment to better our society. 2021 Global Sustainability Report Summary. Acquired IPR&D primarily reflects upfront payments related to R&D collaborations and licensing arrangements with third parties. The company's 2019 adjusted diluted EPS guidance excludes $1.26 per share of intangible asset amortization expense, non-cash charges for contingent consideration adjustments, and other specified items. Do you wish to leave this site? Weighted-average diluted shares outstanding includes the effect of dilutive securities. 0000001059 00000 n Discover a range of innovative and thought-provoking events that we host throughout the year. endobj North Chicago. CG MedTech, Diagnostics and Digital Health & Services Forum. Urgent - 6Hr $59.99 per Page 100% Plagiarism Free On Time Delivery | 27x7 Certain reclassifications were made to conform the prior period financial results to the current period presentation. . Our Executive Summary condenses the information provided in our 2021 Sustainability Report, featuring key highlights and summaries of our programs and initiatives. Percentage change is calculated using adjusted net revenues. 0000086900 00000 n Sign up At the American College of Rheumatology (ACR)/Association for Rheumatology Health Professionals (ARHP) Annual Meeting, AbbVie presented new data for upadacitinib and HUMIRA, with 35 abstracts presented across multiple rheumatic conditions, including rheumatoid arthritis, psoriatic arthritis, juvenile idiopathic arthritis and uveitis. Regular reviews of energy distribution and utilisation optimise our energy consumption. Annual Report 2021 English (PDF, 2.5 MB) Annual Report 2021 German (PDF, 3.09 MB) Financial Key Figures (XLS zip, 77 KB) Bayer AG Financial Statements 2021 (PDF, 459 KB) Download Sustainability Report. In the ABB Sustainability Report 2018 we transparently explain how we address ABB's most prominent economic, environmental and social impacts. At the American Association of Gynecologic Laparoscopists (AAGL) Global Congress on Minimally Invasive Gynecology, AbbVie, in cooperation with Neurocrine Biosciences, presented additional results from two replicate pivotal Phase 3 clinical trials ELARIS UF-1 and ELARIS UF-2 evaluating the efficacy and safety of elagolix in women with uterine fibroids. 2017 Annual Report View Annual Report Download. Cultivating a Diverse & Inclusive Workplace, Protecting Human Rights & Workplace Safety, Providing Resources & Support "ABB has a clear commitment to society. NORTH CHICAGO, Ill., Nov. 9, 2021 /PRNewswire/ -- AbbVie (NYSE: ABBV) today announced new results from a post-hoc analysis of the Phase 3 SELECT-BEYOND clinical trial evaluating RINVOQ (upadacitinib; 15 mg, once daily) in patients with moderate to severe rheumatoid arthritis (RA) on stable background of conventional synthetic disease-modifying anti-rheumatic drugs (csDMARDs) with prior . The Internet site that you have requested may not be optimized to your screen size. - Managed all aspects to establish onsite . . Acquisition related costs primarily includes the amortization of the acquisition date fair value step-up for inventory related to the acquisition of Pharmacyclics. As a research-driven global biopharmaceutical company, weapply the same high standards and rigor to the medicines and solutions we pursue, to how we operate ourbusiness. 1. AbbVie on Jan. 31, 2018, employed approximately 29,000 people, down from about 30,000 at the beginning of 2017. Internationally, HUMIRA sales declined 14.8 percent operationally due to direct biosimilar competition in certain international markets. With high performing sites like Campoverde, we are well on the way to achieving them, which will make a big difference in the lives of patients and the communities in which we operate around the world. LETTER FROM BOB BRADWAY. Due to the GAAP net loss in the fourth quarter ended December 31, 2018, certain shares issuable under stock-based compensation plans that were dilutive on a non-GAAP basis were excluded from the computation of GAAP diluted EPS because the effect would have been antidilutive. 2016 Annual Report View Annual Report Download. Adjusted net revenues exclude specified items. "We delivered exceptional performance in 2018, including operational revenue growth of more than 15 percent and EPS growth above 40 percent," said Richard A. Gonzalez, chairman and chief executive officer, AbbVie. At AbbVie, we are advancing ESG initiatives that contribute to the sustainable growth of our company so that we can create positive impact for our stakeholders for generations to come. <>stream . In 2018, the company reduced absolute total waste (hazardous and non-hazardous) by ten per cent, delivered a recycling rate of 32 per cent, and reduced absolute water consumption by eleven per cent. 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Primarily Reflects upfront payments related to the acquisition of Pharmacyclics Investor Relations website investors.abbvie.com.
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