Acquisition And Pipeline ExpansionThe acquisition of Bretisilocin is a solid addition to AbbVie's Neuro pipeline and fits well with its fast-growing Neuro franchise, which is in the large Major Depressive Disorder category.
Earnings And Financial PerformanceAbbVie reported a big Q2 beat - with revenues at $15.4B, and EPS of $2.97, both exceeding consensus estimates.
Revenue GuidanceA second straight raise to revenue guidance, representing an $800mn increase to the prior guide.