Amgen Acquires Otezla for $13.4 Billion
socalTECH
AUGUST 26, 2019
Thousand Oaks-based Amgen announced this morning that it is acquiring Otezla , the anti-inflammatory drug used to treat psoriasis and psoriatic arthritis, which is currently owned by Celgene Corporation , in a deal worth $13.4 billion net of anticipated future cash tax benefits. billion in cash. Otezla had $1.6
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