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Micromet, Amgen $976M Deal is Love at First BiTE

By Catherine Shaffer

Tuesday, July 12, 2011
Amgen Inc. has joined a long list of pharma companies eager to capitalize on Micromet's BiTE antibody platform, which showed unusual promise in recent Phase II studies. The agreement tallies up to $976 million including an up-front payment of €10 million (US$14 million), plus milestones, royalties and development funding.

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