Pharma BD Deal Intelligence

Amgen Inc. / Abgenix, Inc.

2005 · Acquisition/Merger · $2.2B · Complete

Announcement Sentiment
88
Strongly positive

Amgen agrees to acquire Abgenix for $22.50/share cash (~$2.2B) plus debt. Gains full ownership of panitumumab (Vectibix) + XenoMouse antibody platform; eliminates denosumab royalty.

Key facts

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