AstraZeneca to acquire Amolyt Pharma in $1.05bn deal to expand rare disease portfolio

AstraZeneca to acquire Amolyt Pharma in $1.05bn deal to expand rare disease portfolio

AstraZeneca has announced a definitive agreement to acquire Amolyt Pharma, a clinical-stage biotechnology company focused on novel treatments for rare endocrine diseases, in a deal valued at up to $1.05 billion. This acquisition is poised to strengthen the late-stage pipeline of Alexion, AstraZeneca Rare Disease, particularly bolstering its bone metabolism franchise through the addition of […]