AbbVie Announces Acquisition of Apogee Therapeutics for $10.9 Billion

Shares of AbbVie (ABBV) rose by over 6% after announcing a deal to acquire clinical-stage biotech company Apogee Therapeutics for $10.9 billion in cash, offering a significant premium on the latter's stock price.

By Joe Tenebruso · Motley Fool · June 23, 2026, 02:58 UTC

AbbVie Announces Acquisition of Apogee Therapeutics for $10.9 Billion

Tickers: $ABBV $APGE

Topics: biotech acquisition immunology pipeline pharmaceuticals

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