AbbVie Inc
ABBV: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| @&d | LOCK|gY | LOCK|C%PqfgW |
AbbVie: Apogee Acquisition Brings Significant Weight to Immunology Pipeline
On June 22, AbbVie announced an agreement to acquire immunology-focused biopharma firm Apogee Therapeutics for $10.1 billion (net of cash acquired). The deal is expected to close in the third quarter. AbbVie shares rose 6%.
