AbbVie (ABBV) to Acquire Apogee Therapeutics

1 day ago 4

Noor Ul Ain Rehman

Sat, June 27, 2026 astatine 2:21 PM CDT 1 min read

AbbVie Inc. (NYSE:ABBV) is 1 of the apical trending US stocks to bargain now. AbbVie Inc. (NYSE:ABBV) and Apogee Therapeutics announced connected June 22 their introduction into a definitive statement nether which AbbVie Inc. (NYSE:ABBV) volition get Apogee and its divers pipeline of aggregate clinical-stage candidates successful improvement crossed immunological and inflammatory diseases, which includes asthma and atopic dermatitis. Management stated that the acquisition complements the company's contiguous immunology portfolio and bolsters its objective beingness successful the respiratory space.

Canaccord Says AbbVie's (ABBV) Apogee Deal Strengthens Long-Term Growth Outlook

The institution further stated that, according to the presumption of the transaction, AbbVie Inc. (NYSE:ABBV) volition get each outstanding shares of Apogee for $135.11 per stock successful cash, with the transaction valuing Apogee astatine a full equity worth of astir $10.9 billion. The transaction was unanimously approved by the boards of directors of some companies, and absorption expects the transaction to adjacent successful fiscal Q3 2026. This is taxable to customary closing conditions, including Apogee shareholder support and receipt of regulatory approvals.

AbbVie Inc. (NYSE:ABBV) is simply a research-based pharmaceutical institution that develops and sells products to dainty chronic diseases successful oncology, gastroenterology, rheumatology, dermatology, virology, and assorted different superior wellness conditions.

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