November 27, 2024
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Amgen looks for new life with Micromet

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As Thousand Oaks-based Amgen prepares to spend $1.2 billion to buy leukemia drug maker Micromet, there are early signs that revenue from some of its biggest-selling drugs are stabilizing after years of declines and that biosimilars might present as much of an opportunity as a threat. Amgen, the world’s largest biotech company, said Jan. 26…

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