AstraZeneca to buy Amolyt Pharma for $1.05 bln to boost rare-disease portfolio

AstraZeneca announced its acquisition of Amolyt Pharma, a company focused on endocrine diseases, for $1.05 billion in cash. This move aims to strengthen AstraZeneca's rare diseases portfolio. Amolyt Pharma, based in France, is in the late-stage development of a therapy for hypoparathyroidism called eneboparatide.
Read The Rest at :