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

AbbVie announced the acquisition of clinical-stage biotech company Apogee Therapeutics in a $10.9 billion deal, aiming to bolster its position in immunology treatments. The transaction is expected to close by Q3 and has been approved by both companies' boards.

By Eric Volkman · Motley Fool · June 22, 2026, 22:36 UTC

Tickers: $ABBV $APGE

Topics: biotech immunology pharmaceuticals stock_movement

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