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Amgen Completes Five Prime Acquisition

Gains pipeline of immuno-oncology and targeted cancer therapies, including a Phase 3 trial-ready, first-in-class program for gastric cancer.

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By: Kristin Brooks

Managing Editor, Contract Pharma

Amgen has completed its acquisition of Five Prime Therapeutics for approximately $1.9 billion in cash. This acquisition adds Five Prime’s innovative pipeline of immuno-oncology and targeted cancer therapies to Amgen’s oncology portfolio.   “Five Prime fits squarely within Amgen’s leading oncology portfolio and includes bemarituzumab, a Phase 3 trial-ready, first-in-class program for gastric cancer, the third leading cause of cancer mortality worldwide,” said Rober...

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