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Amgen buys UK biotech Dark Blue for up to $840M to gain a promising leukemia drug in development.
Amgen has acquired UK-based Dark Blue Therapeutics for up to $840 million in an all-cash deal, expanding its oncology pipeline with DBT 3757, a preclinical drug targeting MLLT1 and MLLT3 proteins in aggressive acute myeloid and lymphoblastic leukemias.
The therapy, developed from Oxford University research and backed by Oxford Science Enterprises, Bristol Myers Squibb, and Evotec, uses targeted protein degradation to disrupt cancer growth.
Amgen plans to integrate Dark Blue’s team and technology to accelerate development, aiming to address unmet needs in blood cancers.
The acquisition reflects rising industry focus on protein degradation therapies.
Amgen compra la biotecnología británica Dark Blue por hasta $ 840 millones para obtener un prometedor medicamento contra la leucemia en desarrollo.