In what historically might be one of Amgen Inc.'s top quarters, the company posted earnings per share of 88 cents and a net income of $1.1 billion, significantly exceeding consensus estimates and driving the company's stock up 15.1 percent. (BioWorld Today)

LONDON - Sosei Co Ltd. is taking over Arakis Ltd. for £106.5 million (US$187.4 million) in a cash-and-shares deal that creates an Anglo-Japanese company valued at £278 million. (BioWorld International)