PlainPharmaWatch
CMS PY 2024 Company profile Open Payments data

ABBVIE INC.

ABBVIE INC. reported $604.3M in payments to physicians and teaching hospitals across 1,765,388 transactions in CMS Open Payments PY 2024.

Pharmaceutical payment transparency data for ABBVIE INC.. Ranked #5 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.

Payment Overview

Total Payments

$604.3M

4.5% of all payments

Transactions

1,765,388

$342.31 avg

Recipients

1,720,745

$351.19 avg

Industry Rank

#5

of 1,797 companies

What the Data Shows for ABBVIE INC.

In Program Year 2024, ABBVIE INC. reported $604,305,891.04 in payments to 1,720,745 physicians and teaching hospitals across 1,765,388 individual transactions — an average of $342.31 per transaction and $351.19 per recipient. That total places ABBVIE INC. at rank #5 out of 1,797 companies in the CMS Open Payments database, representing 4.5% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.

The payment mix for ABBVIE INC. spans 11 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Compensation for Services Other Than Consulting" at $69.3M, accounting for 11.5% of the company's reported total and 32,934 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.

Recipient concentration is another useful lens. The top 5 recipients of payments from ABBVIE INC. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 1,720,745 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.

Payment Breakdown by Type

ABBVIE INC. made 11 types of payments. "Compensation for Services Other Than Consulting" accounts for 11.5%.

Compensation for Services Other Than Consulting $69.3M

11.5% · 32,934 transactions

Food and Beverage $35.0M

5.8% · 1,646,738 transactions

Consulting Fee $16.1M

2.7% · 6,034 transactions

Royalty or License $14.6M

2.4% · 8 transactions

Travel and Lodging $9.3M

1.5% · 28,329 transactions

Grant $5.4M

0.9% · 628 transactions

Acquisitions $5.1M

0.8% · 18 transactions

Education $969.0K

0.2% · 5,801 transactions

Payment Type Amount Transactions
Compensation for Services Other Than Consulting $69.3M 32,934
Food and Beverage $35.0M 1,646,738
Consulting Fee $16.1M 6,034
Royalty or License $14.6M 8
Travel and Lodging $9.3M 28,329
Grant $5.4M 628
Acquisitions $5.1M 18
Education $969.0K 5,801
Space Rental or Facility Fees $595.2K 233
Charitable Contribution $30.0K 2
Gift $4.6K 20

Payment Size Analysis

Average transaction size: $342.31. Average per recipient: $351.19.

Total Amount

$604,305,891.04

Avg per Transaction

$342.31

Avg per Recipient

$351.19

Payment Transparency Context

The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.

Industry Total (2024)

$13.3B

across 1,797 companies

ABBVIE INC. Share

4.5%

#5 by total payments

Frequently Asked Questions

How much did ABBVIE INC. pay to physicians and hospitals in 2024?
ABBVIE INC. made $604,305,891.04 in payments to physicians and hospitals in Program Year 2024, across 1,765,388 individual transactions. This represents 4.5% of all industry payments reported to CMS Open Payments.
How many physicians received payments from ABBVIE INC.?
ABBVIE INC. made payments to 1,720,745 physicians and teaching hospitals in 2024. The average payment per recipient was $351.19.
What types of payments did ABBVIE INC. make?
ABBVIE INC. made 11 different types of payments. The largest category was "Compensation for Services Other Than Consulting" at $69.3M, representing 11.5% of all payments.
How does ABBVIE INC. rank among pharmaceutical companies?
ABBVIE INC. ranks #5 out of 1,797 companies by total payment amount in the CMS Open Payments database for 2024.
What is the average payment size from ABBVIE INC.?
The average transaction from ABBVIE INC. was $342.31 in 2024. The company made 1,765,388 total transactions to 1,720,745 recipients.
Are the top recipients concentrated for ABBVIE INC.?
The top 5 recipients received $0.00 from ABBVIE INC., representing 0.0% of the company's total payments. Payments are relatively well-distributed across recipients.
Where does the payment data for ABBVIE INC. come from?
This data comes from the CMS Open Payments program (Sunshine Act), which requires pharmaceutical and medical device companies to report payments and transfers of value to physicians and teaching hospitals. The data covers Program Year 2024.

Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.

Related

Data sourced from official U.S. government datasets. See our methodology for details. Retrieved and formatted by PlainPharmaWatch Editorial

Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.