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AbbVie (ABBV) Stock: What the $10.9 Billion Apogee Deal Means for Earnings and Pipeline

By Trader Edge at 2026-09-08 18:35

Sentiment: Positive

TLDR AbbVie completed its acquisition of Apogee Therapeutics for $135.11 per share in cash, totaling approximately $10.9 billion Apogee’s lead drug, zumilokibart, targets IL-13 and showed about two-thirds of atopic dermatitis patients achieved skin clearance in Phase 2 trials The pipeline also includes APG273, a combination therapy targeting both IL-13 and TSLP for asthma treatment [...] The post AbbVie (ABBV) Stock: What the $10.9 Billion Apogee Deal Means for Earnings and Pipeline appeared first on CoinCentral. Continue reading...

Categories: Stocks

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