Navigation Links
Amgen to Acquire deCODE Genetics, a Global Leader in Human Genetics
Date:12/10/2012

THOUSAND OAKS, Calif. and REYKJAVIK, Iceland, Dec. 10, 2012 /PRNewswire/ -- Amgen (NASDAQ: AMGN) and deCODE Genetics today announced that the companies have entered into a definitive agreement under which Amgen will acquire deCODE Genetics, a global leader in human genetics, headquartered in Reykjavik, Iceland. The all-cash transaction values deCODE Genetics at $415 million, subject to customary closing adjustments, and was unanimously approved by the Amgen Board of Directors.

"deCODE Genetics has built a world-class capability in the study of the genetics of human disease," said Robert A. Bradway, president and CEO at Amgen. "This capability will enhance our efforts to identify and validate human disease targets.   This fits perfectly with our objective to pursue rapid development of relevant molecules that reach the right disease targets while avoiding investments in programs based on less well-validated targets."

Founded in 1996, deCODE Genetics is a global leader in analyzing and understanding the link between the genome and disease susceptibility. Using its unique expertise and access to a well-defined population in Iceland, deCODE Genetics has discovered genetic risk factors for dozens of diseases ranging from cardiovascular disease to cancer.

"One of the ways to truly realize the full value of human genetics, is to make our research synergistic with drug development efforts where target discovery, validation and prioritization efforts can be accelerated," said Kari Stefansson, M.D., Dr. Med., founder and CEO at deCODE Genetics.  "We believe Amgen's focus and ability to incorporate our genetic research into their research and development efforts will translate our discoveries into meaningful therapies for patients."

This transaction does not require regulatory approval, and is expected to close before the end of 2012. 


'/>"/>
SOURCE Amgen
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4

Related medicine technology :

1. Amgen to Acquire Mustafa Nevzat, a Leading Privately Held Turkish Pharmaceutical Company
2. Four Californians Selected As Breakaway from Cancer® Champions To Be Honored During Amgen Tour of California
3. Amgen to Present at the Baird Growth Stock Conference
4. Amgen To Provide Testimony At FDA Stakeholder Hearing On Biosimilars
5. Amgens BiTE® Antibody Blinatumomab (AMG 103) Achieved High Rate of Complete Response in Adult Patients With Relapsed or Refractory Acute Lymphoblastic Leukemia
6. Amgen Announces Top-Line Results Of Phase 3 Sensipar®/Mimpara® EVOLVE™ Trial
7. Amgen Completes Acquisition of Mustafa Nevzat Pharmaceuticals
8. Amgen Completes Acquisition of KAI Pharmaceuticals
9. Amgens Second Quarter 2012 Revenues Increased 13 Percent To $4.5 Billion And Adjusted Earnings Per Share (EPS) Increased 34 Percent To $1.83
10. Amgen Announces Termination Of Ganitumab Phase 3 Study For Futility In Metastatic Pancreatic Cancer
11. Amgen To Present At The Baird Healthcare Conference
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:3/27/2015)... , March 27, 2015   Cypher ... today announced new data showing that, compared to ... technology provided highly equivalent interpretations of whether ... and did so in a fraction of the ... way for more comprehensive genetic analysis in non-invasive ...
(Date:3/27/2015)... LAS VEGAS , March 27, 2015 Zimmer ... more efficient external fixation system for trauma patients. ... the XtraFix ® External Fixation System from ... design technology and materials.   The XtraFix ... and clamps from the external fixation process, resulting in saved ...
(Date:3/27/2015)... Report Details  New study shows ... What does the future hold for top companies ... new report shows you potential revenues to 2025, assessing ... 242-page report provides 185 tables, charts, and graphs. Discover ... future market prospects. Our new study lets you assess ...
Breaking Medicine Technology:New Data at ACMG Shows Cypher's Software Can Automate Interpretation of Genetic Variants to Advance Non-invasive Prenatal Testing 2New Data at ACMG Shows Cypher's Software Can Automate Interpretation of Genetic Variants to Advance Non-invasive Prenatal Testing 3Zimmer Debuts New Modular External Fixation System 2Zimmer Debuts New Modular External Fixation System 3Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 2Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 3Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 4Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 5Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 6Pharma Leader Series: Top 25 Ophthalmic Drug Manufacturers 2015-2025 7
(Date:3/30/2015)... 2015 GenSight ®, provider of ... as a leader in The Forrester Wave™: Strategic Planning ... , The independent report positions GenSight as a leader ... out of 5) for the analytics, corporate strategy, assessment, ... to GenSight’s position in the Leaders category. , According ...
(Date:3/30/2015)... 30, 2015 Follow us ... radiopharmaceuticals are used as tracers to diagnose and ... radiopharmaceuticals is driven by the increase in the ... of cardiology, neurology, pulmonology, and oncology. Diagnostic radiopharmaceuticals ... use of radioisotopes in diagnostic imaging. While cardiovascular ...
(Date:3/30/2015)... (PRWEB) March 30, 2015 Corra Group is ... accommodate the needs of every industry that requires this form ... compliance mandates or seek new ways to increase productivity and ... drug panels that will help detect substance abuse with a ... mandated drug tests,” said Corra Group Co-Founder, Gordon Basichis. ...
(Date:3/30/2015)... 2015 Cutting-edge doctors and researchers are ... because of the opportunities to present and grow ideas ... highlight parents of recovered children, who will be there ... debut her book Victory over Autism: Practical Steps and ... of Victory over Autism will be available to parents ...
(Date:3/30/2015)... Bunion Bootie is a great ... family members, friends...and yourself and save. For a limited time ... additional 10%, on top of discounts already offered when buying ... checkout. The more Bunion Booties purchased, the more money is ... pads, Bunion Bootie can be worn comfortably and easily in ...
Breaking Medicine News(10 mins):Health News:GenSight Named as a Leader by Independent Research Firm in the Strategic Planning Market 2Health News:GenSight Named as a Leader by Independent Research Firm in the Strategic Planning Market 3Health News:Expanding Commercial Use in Nuclear Imaging Drives Demand for Radiopharmaceuticals, According to a New Report by Global Industry Analysts, Inc. 2Health News:Expanding Commercial Use in Nuclear Imaging Drives Demand for Radiopharmaceuticals, According to a New Report by Global Industry Analysts, Inc. 3Health News:Expanding Commercial Use in Nuclear Imaging Drives Demand for Radiopharmaceuticals, According to a New Report by Global Industry Analysts, Inc. 4Health News:Corra Group Adds New Employment Screening Drug Test Solutions for Clients in Every Industry 2Health News:Corra Group Adds New Employment Screening Drug Test Solutions for Clients in Every Industry 3Health News:AutismOne and Focus for Health Highlight Victory over Autism at Major Chicago Conference Following Autism Awareness Month 2Health News:AutismOne and Focus for Health Highlight Victory over Autism at Major Chicago Conference Following Autism Awareness Month 3Health News:Bunion Bootie, the Ultimate Solution for Bunion Relief, Offers Special Savings This Easter 2
... Leverages Duke,s Existing Investment in Passive, Proximity Badges; ... ... Mass., June 9 Duke University Health System is,deploying a ... to streamline information systems access for its,14,000 clinical users while ...
... Recognition of Medication Name and Dose for ... High-Alert, Error-Prone Compounded Preparations, SEATTLE, June 9 ... I.V. compounded solutions, has,launched an enhanced labeling platform. The ... the OR while maximizing resources., (Logo: http://www.newscom.com/cgi-bin/prnh/20051202/PHARMEDIUMLOGO ...
... 9 When patients with ulcerative,colitis (UC) flare, ... frantic urgency and abdominal pain make the bathroom ... specialty pharmaceutical company focused,on developing and commercializing products ... a convenience Kit at the,American Society of Colon ...
... damage bones of kidney patients, NEW YORK, ... support of water fluoridation citing the 2006,National Research ... susceptible to fluoride,s bone and teeth-damaging effects., ... fluorosis,(an arthritic-type bone disease), fractures and severe enamel ...
... Mass., June 9 Make this the summer ... It,s easy, thanks to new,Fruitaceuticals, the delicious new ... love eating anything that,s supercharged -- even if ... Sales and Marketing of Decas Botanical,Synergies. "Fruitaceuticals deliver ...
... "Super paper:" New nanopaper more break-resistant than cast iron, ... report development of a new type of paper that ... iron. The new material, called "cellulose nanopaper," is made ... way for expanded use of paper as a construction ...
Cached Medicine News:Health News:Duke University Health System to Implement Clinically Optimized, Advanced Authentication Solution From Sentillion 2Health News:Duke University Health System to Implement Clinically Optimized, Advanced Authentication Solution From Sentillion 3Health News:PharMEDium Introduces Innovative New Admixture Label Design 2Health News:Alaven Pharmaceutical Introduces Kit for UC Patients 2Health News:Alaven Pharmaceutical Introduces Kit for UC Patients 3Health News:Kidney Foundation Drops Fluoridation Support 2Health News:Supercharged Superfruit Summer Snacks for Kids 2Health News:American Chemical Society's Weekly PressPac -- June 4, 2008 2Health News:American Chemical Society's Weekly PressPac -- June 4, 2008 3Health News:American Chemical Society's Weekly PressPac -- June 4, 2008 4Health News:American Chemical Society's Weekly PressPac -- June 4, 2008 5Health News:American Chemical Society's Weekly PressPac -- June 4, 2008 6Health News:American Chemical Society's Weekly PressPac -- June 4, 2008 7
The BluefishRx ICD-9 is a Palm OS code lookup tool which incorporates the ICD-9 code set with the full and short code descriptions. It includes a multi keyword search tool with a dictionary of over 2...
A Palm Pilot and Desktop utility that you can use. Search for ICD codes in your office on your computer or in the field using your Palm Pilot....
... The Wound Care Manager is ... patient assessment and data management ... This application was developed using ... Care along with the most ...
... MedCalc 3000 is a ... set. MedCalc 3000 encompasses a ... formulae, clinical criteria sets and ... everyday by clinicians, medical educators, ...
Medicine Products: