JPMorgan 2026-06-20

FT Reporting that ABBV is in advanced talks to acquire Apogee Therapeutics for ~$11bn

Report Coverage

Broker
JPMorgan
Region
United States
Sector
Healthcare & Biotech
Report Type
Market Report
Primary Focus
FT Reporting that ABBV is in advanced talks to acquire Apogee Therapeutics for ~$11bn

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Report Summary

Overview:Apogee Therapeutics is a clinical-stage biotechnology company advancing novel biologics with potential for differentiated efficacy and dosing in the largest I&I markets, including for the treatment of AD, asthma, EoE, COPD and other I&I indications. Apogee’s antibody programs are designed to overcome limitations of existing therapies by targeting well- established mechanisms of action and incorporating advanced antibody engineering to optimize half-life and other properties. Zumilokibart (APG777), the company’s most advanced program, is being initially developed for the treatment of AD, which is the largest and one of the least penetrated I&I markets, as well as asthma. With four validated targets in its portfolio, Apogee is seeking to achieve best-in-class efficacy and dosing thr

Key Takeaways

  • Phase 3: Amlitelimab, an OX40L mAb, by Sanofi; and rocatinlimab, a T-cell rebalancing mAb that targets the OX40 receptor,
  • Phase 2: rezpegaldesleukin, an anti-IL-2, by NEKTAR; temptokibart, an anti-IL-22R, by LEO Pharma; KT-621, an oral STAT6
  • Phase 3: GB-0895, a TSLP mAb, by Generate Bio; and
  • Phase 2: Lunsekimig, a IL-13/TSLP nanobody, by Sanofi, PF-07275315, an anti-IL-4/IL-13/TSLP multispecific, by Pfizer,
  • Phase 3: mepolizumab, an anti-IL-5 mAb from GSK; itepekimab, an anti-IL-33 mAb from Sanofi/Regeneron; tozorakimab, an

Why This Report Matters

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Topics Covered

Acquisition Reporting ABBV Apogee Therapeutics

Companies Mentioned

Neetu Jhamb Specialist Sales Special Situations North America Specialist Sales June Reporting Apogee Therapeutics Yesterday

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