AbbVie Goes On The Offensive With $10.9 Billion Takeover

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09:16 AM ET 06/22/2026

AbbVie (ABBV) announced Monday a $10.9 billion plan to acquire Apogee Therapeutics (APGE), strengthening its immunology pipeline and sending Apogee stock flying. The deal "helps partially solve one of the biggest investor concerns of what drives growth beyond Skyrizi/Rinvoq," RBC Capital Markets analyst Trung Huynh said in a report. Skyrizi and Rinvoq are AbbVie's immunology powerhouses, bringing in a collective…