Amgen To Buy Out Japan JV With Astellas

Full, planned acquisition of Tokyo-based operation will give US biotech giant a firmer foothold in key market and new platform for Otezla growth.

View of Tokyo skyline with Senso-ji Temple
Deal Gives Amgen Tokyo-Based Entity • Source: Shutterstock

Amgen Inc. has confirmed it will purchase the 49% of shares in its Japanese joint venture Amgen Astellas BioPharma KK currently held by Astellas Pharma Inc., effective 1 April, converting the Tokyo-based operation into a wholly owned affiliate.

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