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Amgen Acquires Teneobio For $900M - socaltech.com

Amgen Acquires Teneobio For $900M - socaltech.com
socaltech.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from socaltech.com Daily Mail and Mail on Sunday newspapers.

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Amgen Completes Five Prime Therapeutics Deal

socaltech.com
Thousand Oaks-based
Amgen said this morning that it has successfully completed its $1.9 billion acquisition of
Five Prime Therapeutics, a clinical-stage biotechnology company focused on developing immuno-oncology and targeted cancer therapies. Amgen paid $38.00 per share in cash for Five Prime Therapeutics. Five Prime s programs include bemarituzumab, a Phase 3 trial-ready, first-in-class program for gastric cancer. ....

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Amgen Licenses Experimental Drug for Tuberculosis, Leprosy Treatment | San Fernando Valley Business Journal

Amgen Inc. has licensed one of its investigational pipeline drugs to Medicines Development for Global Health for the treatment of tuberculosis and leprosy.
Financial terms of the agreement were not disclosed. Medicines Development is a nonprofit biopharmaceutical company in Australia that will assume full responsibility for the further development and commercialization of AMG 634.
Thousand Oaks-based Amgen acquired the drug, called AMG 634, when it bought Otezla from Celgene in 2019 for $13.4 billion.

“Since tuberculosis and erythema nodosum leprosum remain challenging diseases in many countries around the world, Amgen sought an organization that could support the development of AMG 634 to address the global health unmet need,” Dr. David Reese, executive vice president of research and development at Amgen, said in a statement. “MDGH’s track record and experience in product development, global health, and neglected infectious diseases makes them an ideal ....

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