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March 5, 2021
BMS strikes $350m deal to boost its immuno-oncology pipeline Will collaborate with US biotech Five Prime Therapeutics Bristol-Myers Squibb has signed a $350m deal to boost its immuno-oncology pipeline, following through on its promise last year to increase its investment in the area. The pharma company will collaborate with San Francisco-based biotech Five Prime Therapeutics to discover, develop and commercialise novel immuno-oncology therapies. BMS prioritised immuno-oncology, which involves...
March 4, 2021
Share this article Share this article THOUSAND OAKS, Calif. and SOUTH SAN FRANCISCO, Calif., March 4, 2021 /PRNewswire/ -- Amgen (NASDAQ: AMGN) and Five Prime Therapeutics (NASDAQ: FPRX), a clinical-stage biotechnology company focused on developing immuno-oncology and targeted cancer therapies, today announced an agreement under which Amgen will acquire Five Prime Therapeutics for $38.00 per share in cash, representing an equity value of approximately $1.9 billion. This acquisition adds Five ...
March 4, 2021
The big biotech wants to bolster its late-stage pipeline with a potential new stomach cancer treatment.
March 4, 2021
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/amgen-bets-on-1-9-billion/"></div>(Reuters) – Drugmaker Amgen Inc is buying Five Prime Therapeutics for about $1.9 billion to expand its line of gastric cancer drug candidates and its presence in Asia-Pacific, the companies said on Thursday. Amgen has been looking to grow in the oncology market in the region since gaining a toehold in China in 2019 through […]<!-- AddThis Advanc...
March 4, 2021
NEW YORK, March 04, 2021 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, has launched an investigation into whether the board members of Five Prime Therapeutics, Inc. (NASDAQ: FPRX) breached their fiduciary duties or violated the federal securities laws in connection with the company’s acquisition by Amgen Inc. (NASDAQ: AMGN). Click here to learn more and participate in the action. On March 4, 2021, Five Prime announced that it ha...
March 4, 2021
<div class="at-above-post addthis_tool" data-url="https://www.metro.us/amgen-bets-on-1-9-billion/"></div>(Reuters) – Drugmaker Amgen Inc is buying Five Prime Therapeutics for about $1.9 billion to expand its line of gastric cancer drug candidates and its presence in Asia-Pacific, the companies said on Thursday. Amgen has been looking to grow in the oncology market in the region since gaining a toehold in China in 2019 through […]<!-- AddThis Advanc...
March 4, 2021
Amgen has its own experimental gastric cancer drugs it hopes it might be able to combine with Five Prime's bemarituzumab.
March 4, 2021
Amgen Inc (NASDAQ: AMGN) has agreed to acquire Five Prime Therapeutics Inc (NASDAQ: FPRX) for $38 per share in cash, ...
March 4, 2021
/PRNewswire/ -- WeissLaw LLP is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Five Prime...
March 4, 2021
WILMINGTON, Del., March 04, 2021 -- Rigrodsky Law, P.A. announces that it is investigating Five Prime Therapeutics, Inc. regarding possible breaches of fiduciary duties and other...