Amgen stock stable despite end of drug ban

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By Marissa Nall / Friday, October 13th, 2017 / Comments Off on Amgen stock stable despite end of drug ban

Shares for Amgen have remained relatively stable amid news that sales of a rival drug would be allowed and a cash and stock partnership deal with Bay Area-based CytomX. The Thousand Oaks biotech giant partnered up with Bay Area-based CytomX Therapeutics to develop an anti-cancer drug, purchasing $20 million of its common stock. Two days…

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