November 26, 2024
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Amgen completes acquisition of Otezla

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Thousand Oaks-based Amgen completed its $13.4 billion cash acquisition of anti-inflammation drug Otezla Nov. 21, in a deal that cleared the way for Bristol Meyers Squibb to finalize its acquisition of Celgene. The Federal Trade Commission announced Nov. 15 that it would require Celgene to spin off the drug before approving the $74 billion merger…

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