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AbbVie to buy Apogee for $135.11 per share, expanding immunology and asthma pipeline

Jun 22, 2026, 11:34 AM EDT3 sourcesAI-analyzed
Why it may matterVerify against the original reporting

The deal provides tangible growth leverage through apogee’s candidates and a potential earnings kicker in 2032, plus near-term premium for Apogee; typical M&A uplift is expected, though full accretion visibility hinges on integration and milestone execution.

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What happened, with direct paths to the underlying reporting

AbbVie is buying Apogee Therapeutics for $135.11 per share in cash, with close anticipated in Q3 2026, expanding its immunology and respiratory portfolio with APG777 (zumilokibart) and APG273/333 for asthma. The deal is expected to be earnings-accretive from 2032 and includes Ayvakit/avapritinib, enhancing long-term growth potential via a broader pipeline.

  • AbbVie to pay $135.11 per Apogee share in cash. Close in Q3 2026.
  • Strengthens immunology/respiratory portfolio. Zumilokibart for AD; APG273/333 for asthma.
  • APG333 blocks TSLP; long half-life; supports quarterly or twice-yearly dosing.
  • Deal accretive to AbbVie's adjusted EPS starting 2032; Ayvakit included.
  • Premarket action: Apogee up ~46.9%, AbbVie up ~2.7%.

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