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AbbVie Stock Surges 1.84% on $761 Million Trading Volume Ranking 86th in Market Activity
Generated by AI AgentAinvest Volume Radar
Monday, Jun 30, 2025 8:00 pm ET1min read
AbbVie's stock price rose by 1.84% on June 30, 2025, with a trading volume of $761 million, ranking 86th in the day's market activity.
AbbVie has announced its acquisition of Capstan Therapeutics for up to $2.1 billion. This strategic move aims to enhance AbbVie's immunology portfolio by integrating Capstan's innovative in vivo cell therapy platform. The acquisition includes Capstan's lead asset, CPTX2309, which is a potential first-in-class therapy for B-cell mediated autoimmune diseases. This technology has the potential to reset the immune system in autoimmune conditions by depleting specific immune cells, offering a novel approach to treating these diseases.
The deal is expected to strengthen AbbVie's position in the immunology sector, building on the success of its existing autoimmune treatments, Skyrizi and Rinvoq. By advancing CPTX2309 and utilizing Capstan's platform technology,
aims to transform the care of patients living with autoimmune diseases. This acquisition represents significant long-term strategic value for AbbVie, as it adds a novel in vivo CAR-T platform to its portfolio, further solidifying its leadership in the immunology field.
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