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Amgen Reclaims Rights From GSK To Grow In Ex-US Markets

 
• By Mandy Jackson

Amgen Inc. will reacquire ex-US rights to its cancer drug Vectibix (panitumumab) and bone drugs Prolia (denosumab) and Xgeva (denosumab) in 48 countries from GlaxoSmithKline PLC, which generated $111m in combined revenue from the products in 2014.

Amgen Inc. will reacquire ex-US rights to its cancer drug Vectibix (panitumumab) and bone drugs Prolia (denosumab) and Xgeva (denosumab) in 48 countries from GlaxoSmithKline PLC, which generated $111m in combined revenue from the products in 2014.

The transaction will give Thousand Oaks, California-based Amgen an opportunity to expand its presence in emerging markets and grow its...

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