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Friday, Mar 29, 2024

Preview: Amgen Acquisitions

Pharma giant Amgen Inc. made two big investment offers in recent months – $13.4 billion for Celgene Corp.’s Otezla and $2.7 billion for a 20.5 percent stake in Chinese cancer biotech BeiGene. Both deals position the Thousand Oaks company for future growth overseas, while also providing near-term cash flow. Read the full story in the Nov. 11 issue of the San Fernando Valley Business Journal.

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