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Proposed acquisition adds a diverse pipeline of assets focused on elevating the standard of care for patients with dermatologic, respiratory and other related inflammatory and
immunological diseases
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Apogee’s lead asset, zumilokibart (APG777), is a late-stage, half-life extended monoclonal antibody targeting IL-13, in development for patients with atopic dermatitis
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Apogee’s pipeline also includes combinations of its novel antibodies; APG273, a potential best-in-category long-acting combination targeting IL-13 and thymic stromal lymphopoietin
(TSLP), is being developed in asthma
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Apogee shareholders to receive $135.11 per share in cash, for a total equity value of approximately $10.9 billion
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AbbVie to hold investor conference call today, June 22, at 8:00 a.m. CT
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Media:
Marianne Ostrogorski
marianne.ostrogorski@abbvie.com
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Investors:
Liz Shea
liz.shea@abbvie.com
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Media:
Andi Rose / Aura Reinhard
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Investors:
Noel Kurdi
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Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
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VP, Investor Relations
noel.kurdi@apogeetherapeutics.com
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Dan Budwick
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1AB Media
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dan@1abmedia.com
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