AbbVie announced it will acquire Apogee Therapeutics, a clinical-stage biotech company, for approximately $10.9 billion. This acquisition gives AbbVie control over Apogee's diverse pipeline of clinical-stage candidates focused on inflammatory and immunological diseases. The deal highlights AbbVie's strategic expansion in these therapeutic areas and could enhance its product offerings in the future. Apogee's stock surged following the announcement, reflecting investor optimism about the acquisition.
AbbVie announced it will acquire Apogee Therapeutics in a $10.9 billion all-cash deal, gaining clinical-stage therapies for inflammatory and immunological diseases like atopic dermatitis and asthma. The acquisition includes Apogee's lead drug zumilok...
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AbbVie is close to acquiring Apogee Therapeutics for $10.9 billion in cash. Apogee is developing a long-acting drug for atopic dermatitis that blocks the IL-13 protein causing eczema. The drug is expected to enter Phase 3 trials later this year, pote...
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