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AbbVie Acquires Apogee Therapeutics for $10.9 Billion

AbbVie will acquire Apogee Therapeutics, a clinical-stage biotech focused on inflammatory and immunological diseases, for $10.9 billion.

AbbVie agreed to acquire Apogee Therapeutics for $10.9 billion, adding a clinical-stage pipeline of candidates for inflammatory and immunological diseases to its portfolio.

The deal involves AbbVie and Apogee Therapeutics, a biotech developing treatments for inflammatory and immunological conditions. The acquisition price is $10.9 billion, according to the announcement.

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