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'Beautiful baton pass' as Amgen picks up deCODE to validate drug targets

 
• By Mandy Jackson

Amgen will pay $415 million to enhance the Thousand Oaks, California-based biotechnology powerhouse's drug discovery and development capabilities through the acquisition of deCODE Genetics, nearly three years after the Icelandic genome sequencer emerged from bankruptcy (scripintelligence.com, 22 January 2010).

Amgen will pay $415 million to enhance the Thousand Oaks, California-based biotechnology powerhouse's drug discovery and development capabilities through the acquisition of deCODE Genetics, nearly three years after the Icelandic genome sequencer emerged from bankruptcy (scripintelligence.com, 22 January 2010).

Amgen spokeswoman Ashleigh Koss told Scrip that deCODE will operate as a Reykjavik-based subsidiary, continue to research genetic causes behind diseases and publish its findings

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