Pharma BD Deal Intelligence

AbbVie Inc. / ImmunoGen Inc.

2023 · Acquisition/Merger · $10.1B · Complete

CALLED IT — OFF BY 9
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The coverage arc

Jan 02, 2024 Fierce Pharma Bullish

AbbVie swooped in to win a bidding war for ImmunoGen, outmaneuvering at least one other suitor. The competitive auction suggests strong market validation of…

Feb 04, 2026 AbbVie Q4/FY2025 Financial Results Neutral

Global Elahere net revenues were $690 million for full-year 2025 (an increase of 1.5% reported); Q4 2025 net revenues were $182 million (+22.6% reported).…

Apr 29, 2026 AbbVie Q1 2026 Financial Results Bullish

Global Elahere net revenues were $198 million in Q1 2026, an increase of 10.7% on a reported basis. Release dated April 29, 2026.

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AbbVie acquired ImmunoGen for approximately $10.1 billion ($31.26 per share) in an all-cash merger, gaining Elahere (mirvetuximab soravtansine-gynx), a first-in-class antibody-drug conjugate approved for FRα-positive platinum-resistant ovarian cancer.

Key facts

Related deals — scored

DealYearValueOutcome
AbbVie Inc. / ImmunoGen Inc. (this deal)2023$10.1B69
AbbVie Inc. / Boehringer Ingelheim GmbH2016$2.2B95
AbbVie Inc. / Genmab A/S2020$3.9B81
AbbVie Inc. / Pharmacyclics Inc.2015$21.0B79
AbbVie Inc. / Apogee Therapeutics, Inc.2026$10.9B72
AbbVie Inc. / Gilgamesh Pharmaceuticals Inc.2024$2.0B64
AbbVie Inc. / MedinCell S.A.2024$1.9B61

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