AbbVie agrees to buy immunology biotech Apogee Therapeutics for $10.9 billion

CNBCAbbVie has agreed to acquire Apogee Therapeutics for $10.9 billion, a major bet on next-generation immunology drugs as the pharma giant looks to expand beyond its flagship Humira franchise. The deal deepens AbbVie's pipeline in a competitive therapeutic area targeting conditions such as atopic dermatitis and asthma.