Amylin gets full value from $7bn BMS/AZ acquisition
This article was originally published in Scrip
Executive Summary
Amylin appears to have realized full value for its Byetta/Bydureon franchise in diabetes through an acquisition by Bristol-Myers Squibb worth $31 per share, that will cost the pharma major some $7 billion, including the $1.7 billion in debt and obligations that Amylin holds. But what re-started the acquisition by BMS was the intervention by AstraZeneca to pay some $3.4 billion for certain rights to Amylin's portfolio and pipeline.
You may also be interested in...
Equillium Will Study In-Licensed Itolizumab In Three Indications In 2019
Emerging Company Profile: Equillium in-licensed the CD6 inhibitor EQ001 – Biocon's Alzumab (itolizumab), approved in India for psoriasis – and will begin clinical trials for three autoimmune disease indications this year; a Phase Ib/II aGvHD study is under way.
Gender Diversity In Pharma: Caught Between Desire And Reality
Charting the executive gender mix across 384 companies from mid-2014 to mid-2019 demonstrates that C-suite gender balance in pharma is moving towards a point that more closely reflects its total workforce, but that progress has been slow and that there is a long road to travel before the transformation is complete.
Women In High Places: Slow Progress In Pharma
With gender diversity only slowly increasing in biopharma c-suites, Scrip spoke to executives from five companies about the importance of change.