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AstraZeneca acquires Amolyt Pharma for up to $1.05bn, bolstering its rare diseases portfolio.
AstraZeneca to acquire Amolyt Pharma, a clinical-stage biopharmaceutical firm, for up to $1.05bn.
The deal involves an upfront payment of $800m, with the potential for an additional $250m upon achieving a specified milestone.
Amolyt's focus is on therapeutic peptides for rare endocrine diseases, with eneboparatide in Phase 3 for hypoparathyroidism.
The acquisition is expected to bolster AstraZeneca's rare diseases portfolio and close by Q3 2024, subject to conditions and regulatory clearances.
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AstraZeneca adquiere Amolyt Pharma por hasta 1.050 millones de dólares, reforzando su cartera de enfermedades raras.