AbbVie Acquires Apogee Therapeutics for $10.9 Billion to Bolster Immunology Portfolio

AbbVie announced its acquisition of biotech firm Apogee Therapeutics for $10.9 billion, marking the company's largest buyout in over five years and one of the biggest deals of the year in pharmaceuticals. The deal aims to strengthen AbbVie’s next-generation immunology pipeline with access to Apogee’s experimental drug candidate zumilokibart.

By https://www.facebook.com/CNBC · CNBC ·

AbbVie Acquires Apogee Therapeutics for $10.9 Billion to Bolster Immunology Portfolio

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Topics: biotech immunology pipeline pharmaceuticals

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