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AbbVie Completes Apogee Therapeutics Acquisition Valued at About $10.9 Billion

AbbVie logoAbbVie
Sig3.71Sen+2.96Env0.00Soc+2.00Gov+0.20
Apogee Therapeutics logoApogee Therapeutics
Sig4.93Sen+1.85Env0.00Soc0.00Gov+0.58

AbbVie completed its acquisition of Apogee Therapeutics, buying all outstanding Apogee common stock for $135.11 per share in cash, valuing the deal at about $10.9 billion. The company reaffirms its 2026 and third-quarter adjusted diluted EPS guidance ranges, but expects dilution of $0.14 per share in 2026 and about $0.46 in 2027. The Apogee pipeline includes APG273 combining zumilokibart and APG333 to target IL-13 and TSLP for asthma.

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