Amgen To Acquire Privately-Held Dezima Pharma

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Leerink Partners Remains Bullish on Xencor, Inc. (XNCR) Following Announced Amgen Inc. (AMGN) Collaboration

September 16, 2015 10:10 AM EDT

Leerink Partners reiterated an Outperform rating and $25.00 price target on Xencor, Inc. (NASDAQ: XNCR) following an announced collaboration with Amgen Inc. (NASDAQ: AMGN). The collaboration will combine AMGN's proprietary antibodies and XNCR's bispecific platform to develop new therapeutic candidates for cancer... More

Amgen (AMGN) to Acquire Dezima Pharma in $1.55B Deal

September 16, 2015 9:05 AM EDT

Amgen (NASDAQ: AMGN) and Dezima Pharma B.V. (Dezima) today announced that the companies have entered into a definitive acquisition agreement under which Amgen will acquire Dezima, a privately-held, Netherlands-based biotechnology company focused on developing innovative treatments for dyslipidemia. Dezima shareholders have approved the agreement.

"With the recent launches of Repatha (evolocumab) and Corlanor® (ivabradine), and today's acquisition of Dezima, Amgen is proud to be on the leading edge of an exciting new wave of treatments for cardiovascular disease, an illness impacting millions of people worldwide," said Robert A. Bradway, chairman and chief... More