Pharma Deals Review, Vol 2010, No 1 (2010)

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Amgen Pushes Forward in Diabetes with Array Deal

Taskin Ahmed

Abstract


Amgen has made further inroads into diabetes drug development by licensing a small-molecule glucokinase activator, ARRY-403, from Array BioPharma. The drug, which is in Phase I trials, has demonstrated dose-dependent glucose reduction. Amgen has stumped up US$60 M upfront for exclusive worldwide rights.



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