News

November 12, 2018
AbbVie and the Medicines Patent Pool Complete New Licensing Agreement to Ensure Sustainable Access to Pan-genotypic Hepatitis C Medicine Glecaprevir/Pibrentasvir

NORTH CHICAGO, Ill., Nov. 12, 2018 – AbbVie (NYSE: ABBV) and the Medicines Patent Pool (MPP) have entered into a new, royalty-free licensing agreement to accelerate access to AbbVie’s pan-genotypic hepatitis C virus (HCV) treatment glecaprevir/pibrentasvir (G/P) in 99 low- and middle-income countries and territories. AbbVie recognizes that the availability of a pan-genotypic HCV treatment will be critical to advancing HCV prioritization, access and elimination efforts globally.
 
Through the agreement with MPP, AbbVie will grant World Health Organization prequalified generic manufacturers to license, manufacture and supply generic versions of G/P, while maintaining the highest quality and production standards. AbbVie has a long history of working together with the community to ensure broad and long-term access to care for our virology medicines worldwide and the agreement with MPP is one way AbbVie is partnering to find sustainable solutions to help achieve elimination.

Read the announcement from MPP
 
About AbbVie
AbbVie is a global, research and development-based biopharmaceutical company committed to developing innovative advanced therapies for some of the world's most complex and critical conditions. 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. In more than 75 countries, AbbVie employees are working every day to advance health solutions for people around the world. For more information about AbbVie, please visit us at www.abbvie.com. Follow @abbvie on Twitter, FacebookLinkedIn or Instagram.
 
Forward-Looking Statements
Some statements in this news release are, or may be considered, forward-looking statements for purposes of the Private Securities Litigation Reform Act of 1995. The words "believe," "expect," "anticipate," "project" and similar expressions, among others, generally identify forward-looking statements. 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. 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. Additional information about the economic, competitive, governmental, technological and other factors that may affect AbbVie's operations is set forth in Item 1A, "Risk Factors," of AbbVie's 2017 Annual Report on Form 10-K, which has been filed with the Securities and Exchange Commission. 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.

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