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Amgen buys Alantos Pharmaceuticals for $300mm in cash

Executive Summary

Just two days after announcing its acquisition of Ilypsa for $420mm, Amgen has now bought Alantos Pharmaceuticals (diabetes and inflammation therapeutics) for $300mm in cash. Alantos will function as a wholly owned subsidiary of Amgen.
Deal Industry
  • Biotechnology
  • Pharmaceuticals
Deal Status
  • Final
Deal Type
  • Acquisition
    • Acquisition of Private Biotech
    • Payment Includes Cash
    • Full Acquisition
    • Intra-Biotech Deal

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