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AbbVie

Pays vs peer median
×1.36
+37% premium
Sample
51
high confidence
Last refreshed
2026-04-13

By therapeutic area

Therapeutic areaPremiumDeals
oncology×1.2229
neurology×1.505
immunology×0.704
gastroenterology×1.504
dermatology×1.503
ophthalmology×1.503

By stage at signing

PhasePremiumDeals
approved×1.4912
phase 1×1.1010
phase 2×1.509
phase 3×0.929
preclinical×1.507
discovery×0.874

Strategy profile

Based on 15 disclosed transactions, AbbVie concentrates its licensing activity in Oncology, Immunology, and Neurology. AbbVie pays a 1.36x premium over market median, with the strongest premiums in Neurology (1.50x). Their most common deal structure is License, with an average disclosed value of $2.0B. Most recent activity: 2026.

Premium by therapeutic area

How AbbVie pays relative to peer medians in each TA

neurology
5 deals1.50x
dermatology
3 deals1.50x
ophthalmology
3 deals1.50x
gastroenterology
4 deals1.50x
oncology
29 deals1.22x
immunology
4 deals0.70x
Above market (≥1.10x)At market (0.90 – 1.10x)Below market (<0.90x)

Pipeline coverage & gaps

AbbVie has disclosed activity in 6 of 12 tracked therapeutic areas. Gaps may represent whitespace opportunities for licensors.

Oncology
1.22x
29 deals
Neurology
1.50x
5 deals
Immunology
0.70x
4 deals
Metabolic
Gap
No disclosed deals
Cardiovascular
Gap
No disclosed deals
Infectious Disease
Gap
No disclosed deals
Ophthalmology
1.50x
3 deals
Womens Health
Gap
No disclosed deals
Rare Disease
Gap
No disclosed deals
Hematology
Gap
No disclosed deals
Dermatology
1.50x
3 deals
Gastroenterology
1.50x
4 deals

Deal type breakdown

How this buyer structures its transactions

Deal typeCountAvg upfrontAvg total value
LicensePrimary8$433M$2.6B
Acquisition3$2.1B$1.9B
Collaboration2—$720M
Option2$100M$1.2B

Recent disclosed deals

YearAssetLicensorIndicationPhaseUpfrontTotal
2026FG-M701FutureGeninflammatory bowel diseasepreclinical$150M$1.7B
2026RC148RemeGenadvanced solid tumorsunknown—$5.6B
2026—Nxera Pharmaneurological diseasesdiscovery—$1.2B
2026KST-6051Kestrel TherapeuticsKRAS-driven cancersunknown—$1.4B
2026HSK55718 and HSK51155Haisco Pharmaceutical Groupacute painpreclinical$30M$745M
2026AlveltamigZejing BiopharmaceuticalDLL3-positive tumors, small-cell lung cancerunknown$100M$1.2B
2026RC148 (ABBV-1480)RemeGen Co., Ltd.multiple advanced solid tumorsphase_1$650M$5.6B
2025Alveltamig (ZG006)Zelgen Biopharmaceuticalssmall cell lung cancer (SCLC)phase_1$100M$1.2B
2025ZG006 (Alveltamig)Zelgen PharmaDLL3-expressing tumorsunknown$100M$1.2B
2025ISB 2001Ichnos Glenmark Innovation (IGI)relapsed/refractory multiple myelomaphase_1$700M$1.9B
2025ABBV-RGX-314 / surabgene lomparvovec (DR amendment)REGENXBIOdiabetic retinopathyphase_2—$200M
2025ISB 2001IGI Therapeutics (Ichnos Glenmark Innovation)oncology and autoimmune diseasesunknown$700M$1.9B
2025ISB 2001Ichnos Glenmark Innovation (IGI Therapeutics)relapsed/refractory multiple myelomaphase_1$700M$1.9B
2025CPTX2309 (in vivo tLNP anti-CD19 CAR-T)Capstan Therapeuticsautoimmunephase_1$2.1B$2.1B
2025In vivo CAR-T platformCapstan TherapeuticsLupus, Myasthenia Gravispreclinical$2.1B$2.1B

How this is computed

For each AbbVie deal we find the median total deal value of comparable transactions (same therapeutic area + phase, falling back to TA-only with ≥3 peers). The buyer’s deal divided by the peer median is the per-deal premium. We trim outliers, take the trimmed mean, and clamp to [0.7×, 1.5×] to reject data errors. Confidence scales with sample size.

Trimmed mean of 51 disclosed deal premiums vs. peer medians. Raw premium 1.365, clamped to [0.7, 1.5].