Amgen Repurchases Astellas' Stakes in Amgen Astellas JV to Strengthen its Footprints in Japan
Shots:
- Amgen has consummated the purchase of Astellas’49% shares of AABP- a JV between Amgen and Astellas established in 2013
- AABP now serves as a wholly-owned Amgen affiliate in Japan while the Amgen renamed it as Amgen KK- enabling the company to bolster its presence in Japan
- Amgen KK will continue the marketing of therapies targeting CV- cancer- osteoporosis and will bring Amgen’s global pipeline to Japanese patients. Additionally- in 2019- Amgen has invested ~$4B in research and development to advance new therapies across all stages of its pipeline
Click here to read full press release/ article | Ref: Amgen | Image: Behance
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