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Amgen Acquires Rights to Celgene’s Otezla

Expands inflammation franchise with oral, non-biologic treatment for psoriasis and psoriatic arthritis

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By: Kristin Brooks

Managing Editor, Contract Pharma

Amgen has entered into an agreement with Celgene Corp., in connection with its previously announced merger with Bristol-Myers Squibb, to acquire worldwide rights to Otezla (apremilast), the only oral, non-biologic treatment for psoriasis and psoriatic arthritis, and certain related assets and liabilities, for $13.4 billion in cash. Amgen believes that the acquisition is a strong strategic fit with its inflammation franchise offering a differentiated, oral therapy, along with Otezla’s sales growt...

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