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More Amgen M&A; Buying Alantos In $300M Cash Deal

By Jennifer Boggs

Thursday, June 7, 2007
Less than two days after Amgen Inc. said it was picking up a Phase II-stage drug for chronic kidney disease through the acquisition of Ilypsa Inc., the biotech giant announced plans to swallow another small biotech, Alantos Pharmaceuticals Inc., for $300 million cash. (BioWorld Today)

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