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Mergers & Acquisitions

Jan. 28, 2012

Amgen looks to the future with $1.2 billion buy of cancer drug company

Sullivan & Cromwell LLP is representing Thousand Oaks-based Amgen Inc. in its $1.2 billion, all-cash acquisition of the Cooley LLP-advised Micromet Inc. of Rockville, Md., in a deal the biotechnology companies announced Thursday.


By Mandy Jackson


Daily Journal Staff Writer


Lawyers around the country, including several in California, are working on the $1.2 billion acquisition of a cancer drug company by one of the state's biotechnology giants.


Thousand Oaks-based Amgen Inc. announced Thursday that it is buying Micromet Inc. of Rockville, Md. in an all-cash transaction. The deal is similar to other mergers and acquisitions in the biotech and pharmaceutical arenas, i...

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