Amgen to acquire Dezima for upfront $300 million; deal with Xencor

16 September 2015
mergers-acquisitions-big

US biotech major Amgen (Nasdaq: AMGN) has entered into a definitive acquisition agreement to acquire Dezima Pharma, a privately-held, Netherlands-based biotechnology company focused on developing innovative treatments for dyslipidemia.

Dezima shareholder the Dutch venture capital firm Forbion Capital Partners have approved the agreement, which is subject to customary closing conditions, including regulatory approvals, and is expected to close in the fourth quarter of this year.

"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 Bradway, chairman and chief executive of Amgen.

This article is accessible to registered users, to continue reading please register for free.  A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Login to your account

Become a subscriber

 

£820

Or £77 per month

Subscribe Now
  • Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
  • Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
  • Daily roundup of key events in pharma and biotech.
  • Monthly in-depth briefings on Boardroom appointments and M&A news.
  • Choose from a cost-effective annual package or a flexible monthly subscription
The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK

Companies featured in this story

More ones to watch >


Today's issue

Company Spotlight





More Features in Biotechnology