Amgen and AstraZeneca partner on 5 biotech drugs

04/2/2012 | Reuters

AstraZeneca and Amgen agreed to jointly develop and market five Amgen biotech drug candidates for the treatment of autoimmune, respiratory and inflammatory diseases. Amgen will receive $50 million upfront, and the partners will share development costs and profit. The deal covers brodalumab for psoriasis, psoriatic arthritis and asthma; AMG 557 for lupus; AMG 139 for Crohn's disease; AMG 157 for asthma; and AMG 181 for ulcerative colitis and Crohn's.

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