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)

Onyx Pharmaceuticals Inc. and partner Bayer Healthcare Pharmaceuticals Inc. reported detailed results from their positive Phase III trial of Nexavar (sorafenib) in liver cancer, which has emerged as one of the biggest headlines at this year's American Society of Clinical Oncology meeting in Chicago. (BioWorld Today)