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As EPO Hammer Looms

Amgen's Ilypsa Buy: $420M Gets Phase II CKD Therapy

By Randall Osborne


Wednesday, June 6, 2007
Amgen Inc.'s plan to buy out nephrology-focused Ilypsa Inc. for $420 million - thereby gaining a Phase II phosphate binder for chronic kidney disease - put little immediate fear into backers of Genzyme Corp., thanks to progress with the latter's CKD therapy Renvela. (BioWorld Today)

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