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AbbVie to acquire Revolution Medicines soon
PUBLIC · ABBVJan 09, 2026•6 months ago
Acquiring Company
AbbVie Inc.
Acquired Company
Revolution Medicines, Inc.
North ChicagoRedwood CityManufacturingBiotechnologyHealthcareHealth CareTherapeuticsPharmaceuticalBiopharmaBiotechnologyHealthcareHealth CareTherapeuticsPharmaceutical
Description
AbbVie is reportedly concluding acquisition talks with Revolution Medicines Inc., following a significant stock price surge of approximately 30%. The negotiations are expected to have a positive impact on shareholders, given Revolution Medicines' current valuation of around $16 billion. The acquisition talks are attracting attention from other pharmaceutical companies, including Merck, indicating high interest in Revolution Medicines' innovative offerings.
Company Information
Company
AbbVie Inc.
Location
1 North Waukegan Road
North Chicago, Illinois, United States
About
Venture capital subsidiary of Abbvie
Predictive Intelligence
Strategic
ML-powered predictions for AbbVie Inc.'s next move
North Chicago