M&A
confidence high
sentiment neutral
materiality 0.75
AbbVie completes $10.9B cash acquisition of Apogee Therapeutics
AbbVie Inc.
- Apogee shareholders received $135.11/share cash; total equity value ~$10.9B.
- Adds zumilokibart (IL-13 mAb for atopic dermatitis) and APG273 (asthma candidate) to immunology pipeline.
- Deal dilutive to adjusted EPS by $0.14 in 2026 and ~$0.46 in 2027; accretion expected from 2032.
- AbbVie reaffirms FY2026 adjusted EPS guidance $13.87-$14.07 and Q3 guidance $3.84-$3.88.