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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, Gastroenterology, and Immunology. 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 $1.4B. Most recent activity: 2025.

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
LicensePrimary6$251M$1.6B
Acquisition4$988M$988M
Collaboration4$49M$1.5B
Option1$65M$2.0B

Recent disclosed deals

YearAssetLicensorIndicationPhaseUpfrontTotal
2025In vivo CAR-T platformCapstan TherapeuticsLupus, Myasthenia Gravispreclinical$2.1B$2.1B
2025B7-H4-201MacroGenicsCholangiocarcinomapreclinical$53M$481M
2025Masked T-cell engagers programXilio Therapeuticssolid tumorsunknown$2.1B
2025Gubra obesity peptideGubraObesitypreclinical$350M$2.2B
2024inflammationOSE Immunotherapeuticsinflammationpreclinical$48M$713M
2024lung_nsclcKelun-Biotechlung_nsclcphase_2$200M$1.4B
2024alzheimersAliada Therapeuticsalzheimersphase_1$1.4B$1.4B
2024psoriasisNimble Therapeuticspsoriasispreclinical$200M$200M
2024ISB 2001Ichnos Glenmark InnovationRelapsed/refractory multiple myelomaphase_1$700M$1.9B
2024ibdCelsius Therapeuticsibdphase_1$250M$250M
2024HBM7008Harbour BioMedBreast, Ovarian, Endometrialphase_1$50M$1.8B
2024solid_tumorsEvolveImmune Therapeuticssolid_tumorspreclinical$65M$1.4B
2024liver_diseaseMedincellliver_diseasepreclinical$35M$1.9B
2024Gilgamesh psychiatric/psychedelic-inspired agents (multi-asset)Gilgameshpsychiatric / neuropsychiatrypreclinical$65M$2.0B
2024FG-M701FutureGen BiopharmaceuticalUlcerative Colitis, Crohn's Diseasepreclinical$150M$1.7B

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].