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CLAIM #2454 · AbbVie Inc (ABBV) · 2024Q3 earnings call · Oct 30, 2024 · due Dec 31, 2024

In our novel toxin portfolio, we remain on-track to submit our regulatory application for BoNT/E around the end of this year.

Roopal Thakkar · EVP, Chief Scientific Officer

PENDING
graded after results covering Dec 31, 2024 are reported

In context

nded half-life and the potential to be delivered subcutaneously. This molecule could become a best-in-class treatment for Alzheimer’s disease. Aliada’s novel technologies for enabling therapeutics to access the central nervous system also have the potential to be used with other programs across our neuroscience pipeline. In aesthetics, we recently received approval for Botox in the U.S. for moderate to severe platysma bands, marking the first global approval in this indication for any neurotoxin. There is currently a lack of non-surgical treatments available to improve the appearance of prominent platysma bands. And, we believe Botox will represent an important new treatment option for patients who are looking to reduce the appearance of vertical neck bands and improve jawline definition. In our novel toxin portfolio, we remain on-track to submit our regulatory application for BoNT/E around the end of this year. Our rapid onset short acting toxin has a highly differentiated clinical profile and once approved will offer patients a novel option compared to currently available neurotoxins. So in summary, this has been a very productive year thus far for our R&D organization and we are pleased with the progress we’ve made advancing our broad pipeline. With that, I’ll turn the call over to, Scott. Scott T. Reents: Thank you, Roopal. Starting with our third quarter results, we reported adjusted earnings per share of $3 which is $0.10 above our guidance midpoint. These results include a $0.04 unfavorable impact from acquired IPR&D expense. Total net revenues were nearly $14.5 billion reflecting robust growth of 4.9% on an operational basis, excluding a 1.1% unfavorable impact from foreign exchange. Our

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SEC filings for ABBV · Claim quote is verbatim from the 2024Q3 earnings call.