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AbbVie Completes $10.9 Bln Acquisition Of Apogee Therapeutics

Source: Nasdaq

M&A & RestructuringCompany FundamentalsHealthcare & Biotech

AbbVie completed its acquisition of Apogee Therapeutics, adding therapies to strengthen its immunology pipeline across dermatologic, respiratory, and other inflammatory/immunological diseases. While no financial terms or revenue guidance were provided, the deal is a clear pipeline expansion that should be viewed positively for long-term growth potential.

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