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Amgen To Acquire Chemocentryx For $4 Billion In Cash

PUBLIC · AMGNAug 04, 2022

Acquiring Company

Amgen

Acquired Company

ChemoCentryx

Thousand OaksBiotechnologyHealth CareBiotechnologyHealth CareTherapeuticsPharmaceutical

Description

Amgen (NASDAQ: AMGN) and ChemoCentryx, Inc., (NASDAQ: CCXI), a biopharmaceutical company focused on orally administered therapeutics to treat autoimmune diseases, inflammatory disorders and cancer, today announced that the companies have entered into a definitive agreement under which Amgen will acquire ChemoCentryx for $52 per share in cash, representing an enterprise value of approximately $3.7 billion.

Quick answer

Amgen is acquiring ChemoCentryx for $4 billion, announced August 4, 2022. Amgen is based in Thousand Oaks, California, United States.

How much did Amgen pay for ChemoCentryx?
The reported deal value is $4 billion.
What does Amgen do?
Amgen harnesses the best of biology and technology to fight the world’s toughest diseases, and make people’s lives easier, fuller and longer.
Where are Amgen and ChemoCentryx based?
Amgen is based in Thousand Oaks, California, United States.
Who are the decision-makers at Amgen?
Fundz holds 2 contacts at Amgen. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Amgen

Location

One Amgen Center Drive

Thousand Oaks, California, United States

About

Amgen harnesses the best of biology and technology to fight the world’s toughest diseases, and make people’s lives easier, fuller and longer. We helped establish the biotechnology industry, and we remain on the cutting-edge of innovation, using technology and human genetic data to push beyond what’s known today. Our investment in research and development has yielded a robust pipeline that builds on our existing portfolio of medicines to treat cancer, heart disease, osteoporosis, inflammatory diseases and rare diseases.

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Frequently asked

Who acquired ChemoCentryx?

ChemoCentryx was acquired by Amgen, based in Thousand Oaks. The deal was reported on August 4, 2022. Amgen harnesses the best of biology and technology to fight the world’s toughest diseases, and make people’s lives easier, fuller and longer. Amgen is publicly traded (AMGN) and operates in Biotechnology.

When did Amgen acquire ChemoCentryx?

Amgen's acquisition of ChemoCentryx was reported on August 4, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does ChemoCentryx do?

ChemoCentryx is a biopharmaceutical company commercializing and developing new medications for inflammatory and autoimmune diseases and cancer. It is privately held, operating in Biotechnology.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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