Amgen to acquire Denmark’s Nuevolution Amgen plans to pay about $167 million to acquire Nuevolution, a Danish firm that invented a DNA-encoded library method for small-molecule drug discovery. Amgen and Nuevolution have been partners since October 2016 in a discovery pact that they say has yielded two promising cancer programs.

With the acquisition of Nuevolution and its world-class DNA-encoded library platform, To pursue this vision aggressively, Amgen acquired Nuevolution, a DEL

Close. 2. Jan. Block trade in Nuevolution Fredrik Arp, Dr. h.c. Chair of Nolato AB and Bravida.

Nuevolution acquisition

On 8 July 2019, Amgen Inc. announced that it completes its recommend public cash offer to the May 23, 2019 Amgen has agreed to acquire Denmark-based small molecule drug discovery platform biotech firm Nuevolution for around $ 167m (£131.7m). May 22, 2019 (Reuters) - Amgen, the world's largest biotechnology company, agreed on Wednesday to buy Scandinavian biopharmaceutical company Dec 27, 2019 The same happened earlier this year – the acquisition of Nuevolution The acquisition has allowed Amgen to get a team of experts adept at Mar 19, 2019 Positive progress in Nuevolution's RORγt partnership with Almirall has of acquired intangibles, exceptional items and share-based payments. Amgen Inc is an American multinational biopharmaceutical company headquartered in Amgen announced it would acquire Nuevolution AB for 1.61 billion Swedish crowns ($166.8 million) to enhance its drug discovery capabilities . joint ventures, early-stage partnerships, limited partnership investments, collaborations, in- and out-licensing, acquisitions, and academic partnerships. Takeover rumors around Alexion Pharmaceuticals exist already since a few years. Scandinavian biopharmaceutical company, Nuevolution accepted Amgen's Dec 7, 2019 This year, 2019, Amgen acquired Nuevolution for $167 million to advance its drug discovery efforts. The number of partnerships announced for Jan 31, 2021 Acquisitions by Amgen.

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2018-09-25

Amgen has made a public offer to buy Denmark-based biopharmaceutical company Nuevolution for a cash consideration of around $167m. The deal is expected to expand Amgen’s ability to discover novel small molecules against difficult-to-drug targets. Credit: Ewa Urban from Pixabay.

12 juli 2019 - Uppdrag Amgen Inc. förvärvar Nuevolution AB (publ) genom en så kallad reverse triangular merger för att etablera sin marknadsnärvaro i USA.

Today’s acquisition could also save Amgen money in the long run, assuming that Nuevolution’s approach is all it is cracked up to be: the bigger group had been on the hook for milestones of up to $410m per target under the companies’ 2016 research collaboration in oncology and neuroscience.

It expects to launch additional biosimilars in 2019. Amgen Inc. Price When a big pharma agrees to spend millions in acquiring a drug discovery company, the world is bound to take note. Earlier this year the acquisition of Nuevolution AB for $166.8 million was a piece of big news in the drug discovery world, validating the potential of DNA encoded libraries in drug discovery. The acquisition Such acquisitions or agreements will be made in accordance with applicable Swedish laws and regulations. Amgen intends to initiate compulsory acquisition proceedings with respect to the remaining Nuevolution shares, and to promote a de-listing of the Nuevolution shares from Nasdaq Stockholm. Then come the Italy/Spain cluster with +51%, thanks to PharmaMar, Denmark with +46% thanks to Zealand and Nuevolution acquisition, and the UK/Ireland cluster (+37%). This UK performance seems to be only a modest recovery from the 2018 debacle (-46%) that led, at least in part, to the fall of the Woodford funds.
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Amgen has offered $167 million (€150 million) to buy Nuevolution. The takeover will give Amgen control of a drug discovery platform that landed Nuevolution deals with leading companies plus a Nuevolution AB is a Sweden based company biopharmaceutical company.

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Nuevolution is a leading small molecule lead discovery company founded in 2001 and based in Copenhagen, Denmark. The company has developed Chemetics®, a unique, patent protected hybrid of proven wet chemistry and molecular biology which represents the ultimate fragment based drug discovery technology.

Amgen intends to initiate compulsory acquisition proceedings with respect to the remaining Nuevolution shares, and to promote a de-listing of the Nuevolution shares from Nasdaq Stockholm. Apart from Nuevolution acquisition, Amgen is rapidly advancing its pipeline and the approval of osteoporosis drug Evenity late last month was a boost. Amgen boasts a strong biosimilars pipeline, which could be an important long-term growth driver for the company. It expects to launch additional biosimilars in 2019.

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Nuevolution AB is a Sweden based company biopharmaceutical company. It is primarily focused on developing treatments for human diseases within oncology and inflammatory diseases. The company's Chemetics is a drug discovery platform which enables discovery of novel chemical small molecule leads for specific indications.

10-01-2014 first acquisition since 2015, Amgen offered on Wednesday to buy Copenhagen-based small molecule discovery company Nuevolution..the deal would enable Amgen to more closely integrate Nuevolution 's discovery platform into Amgen's research. Nuevolution 's..million up front.