Thread: AMGEN is buying - in the news
View Single Post
Old 10-08-2006, 10:48 PM
lou_lou's Avatar
lou_lou lou_lou is offline
In Remembrance
  
Join Date: Sep 2006
Location: about 45 minutes to anywhere!
Posts: 3,086
15 yr Member
lou_lou lou_lou is offline
In Remembrance
lou_lou's Avatar
 
Join Date: Sep 2006
Location: about 45 minutes to anywhere!
Posts: 3,086
15 yr Member
Arrow AMGEN is buying - in the news
this link is directly from AMGEN -please read

http://www.amgen.com/media/media_pr_...leaseID=910461

Amgen Inc. buying Avidia Inc.
Newscom

September 29, 2006

Amgen Inc., a California biotechnology company, is buying Avidia Inc., which is developing a protein-based class of drugs known as Avimer.

Avidia is engineering Avimer therapeutics against multiple validated and novel targets, for use in treating inflammation, and in oncology and neurology.

Amgen will pay $290 million cash, net of existing cash balances and Amgen's existing equity stake in Avidia, and up to $90 million upon the achievement of certain milestones.

Following the completion of the transaction, Avidia will become a wholly owned subsidiary of Amgen.

Copyright 2006 by United Press International
__________________
with much love,
lou_lou


.


.
by
.
, on Flickr
pd documentary - part 2 and 3

.


.


Resolve to be tender with the young, compassionate with the aged, sympathetic with the striving, and tolerant with the weak and the wrong. Sometime in your life you will have been all of these.
Last edited by lou_lou; 10-08-2006 at 11:07 PM.
lou_lou is offline   Reply With QuoteReply With Quote