Amgen regains rights to Prolia, Vectibix and Xgeva from GSK
US multinational biopharma company Amgen (Nasdaq: AMGN) has reached a definitive agreement with GlaxoSmithKline (LSE: GSK) to reacquire the sales rights to three of its products in 48 countries, it has been announced.
In a statement on the company’s website, it was confirmed that Amgen will reacquire all remaining rights to Prolia (denosumab), Xgeva (denosumab) and Vectibix (panitumumab) across Asia, South America, Europe, Australia and other regions throughout the world.
The agreement involves key expansion markets for Amgen including Brazil, China, Colombia, Hong Kong, Israel, Singapore, South Korea, Taiwan and Thailand.
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