AbbVie (NYSE: ABBV) announced it will acquire Apogee Therapeutics (NASDAQ: APGE) for $135.11 per share, valuing the deal at approximately $10.9 billion. The acquisition aims to strengthen AbbVie's immunology portfolio, particularly in respiratory diseases. The transaction is expected to close in Q3 2026, pending shareholder and regulatory approvals.
The acquisition will provide AbbVie with new clinical-stage assets, enhancing its ability to address significant patient needs in immunology. This could lead to increased revenue from new treatments.
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