Date:	--/--/-- --:--:--
Event Id:	E5L3I3P3A
Action Type:	ACQUISITION
Action Status:	ANNOUNCED
Acquirer Symbol:
Target Symbol:	APGE
Updated:	--/--/-- --:--:--
Purchase Price Per Share:	135.11
Price Per Share Currency:	USD
News References:	https://www.prnewswire.com/news-releases/abbvie-to-acquire-apogee-therapeutics-deepening-immunology-portfolio-302806296.html

Action Notes

AbbVie and Apogee Therapeutics today announced they have entered into a definitive agreement under which AbbVie will acquire Apogee and its diverse pipeline of multiple clinical-stage candidates in development across inflammatory and immunological diseases, including atopic dermatitis (AD) and asthma. The acquisition complements AbbVie's existing immunology portfolio and accelerates AbbVie's clinical presence in the respiratory space. Under the terms of the transaction, AbbVie will acquire all outstanding shares of Apogee for $135.11 per share in cash. The transaction values Apogee at a total equity value of approximately $10.9 billion. The boards of directors of both companies have unanimously approved the transaction. This transaction is expected to close in the third quarter of 2026, subject to customary closing conditions, including Apogee shareholder approval and receipt of regulatory approvals.