formerly nasdaq pcyc industry biopharmaceutical founded 1991 ; 25 years ago 1991 founders jonathan sessler richard a. miller 1 headquarters sunnyvale california area served worldwide key people robert duggan former ceo and chairman parent abbvie website pharmacyclics.com pharmacyclics llc is an american biopharmaceutical company based in sunnyvale california . its primary focus is upon the development of novel therapies for the treatment of cancer and immune mediated diseases . 2 acquisition by abbvie edit in march 2015 chicago based biopharmaceutical firm abbvie announced it would acquire oncology firm pharmacyclics as well as its lead anti cancer compound ibrutinib imbruvica for 21 billion . as part of the deal abbvie will pay 261.25 per share in a mixture of both cash and abbvie equity . 3 the merger is expected to close in mid 2015 . 4 duggan will receive over 3.55 billion from the sale of pharmacyclics to abbvie in one of the biggest paydays ever from the buyout of a publicly held company . 5 6 7 8 9 as ceo and chairman of pharmacyclics since 2008 robert duggan has opted not to receive compensation from the company . 10 5 references edit lee clippard 2006 . professor s personal battle leads to development of new cancer drug . university of texas . retrieved may 30 2015 . pharmacyclics inc. pcyc . yahoo . retrieved may 30 2015 . staff 5 march 2015 . abbvie acquires oncology drug firm pharmacyclics for 21b . genetic engineering & biotechnology news . http www.sec.gov archives edgar data 949699 000119312515079014 d885940dex991.htm a b the 3.55 billion man . america s markets . antoine gara . robert duggan . forbes . pharmacyclics may soon be acquired by johnson & johnson for 18 billion . science times . the hiring guru robert duggan billionaire . the huffington post . sean williams 27 february 2013 . this is one incredible ceo . fool.com . gary strauss march 24 2015 . the 3.55 billion man . usa today . retrieved may 29 2015 . external links edit official website retrieved from https en.wikipedia.org w index.php title pharmacyclics & oldid 724416492 categories biotechnology companiescompanies based in sunnyvale californiapharmaceutical companies established in 1991orphan drug companieslife sciences industrycompanies formerly listed on nasdaq1991 establishments in california navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 june 2016 at 03 43 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view