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Amgen Licenses Rights For Diabetes Drug




Thousand Oaks-based Amgen and Colorado-based Array BioPharma announced Monday evening that Amgen is licensing the exclusive worldwide rights to Array's compounds for treating Type 2 diabetes, in a deal worth $60M plus additional contingent payments. The license covers rights to Array's small-molecule glucokinase activator program, which is in Phase 1 clinical trials.


 

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