QDIS Blog

A blog about chemistry, drug development, science, and technology

October 3, 2006

Amgen to Acquire Avidia

by @ 3:16 pm.  Filed under Pharma News

The merger and acquisition mania in the pharmaceutical industry continues unabated. Now, Amgen will acquire Avadia, a San Francisco area company that specializes in Avimer proteins for $380 million.

Chemical & Engineering News: Latest News - Amgen Will Acquire Protein Specialist Avidia:

AS I have stated before, I don’t see this activity abating anytime soon and it will likely continue into next year, especially in Europe.

Disclosure: I do own a few shares of Amgen.

Other Resources

Amgen - Media - Press Release
AMGEN TO ACQUIRE AVIDIA, A PRIVATELY HELD BIOPHARMACEUTICAL COMPANY IN THE SAN FRANCISCO BAY AREA
Yahoo! News Search Results for Amgen Avidia
Amgen Avidia - Google News

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Email Ed Vawter



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