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Amgen Establishes Commercial Operations in Brazil(2)

Fri, 04/08/2011 - 9:21am
Amgen

Amgen Acquires Privately Held Brazilian Pharmaceutical Company Bergamo and Agrees to Reacquire Rights to Certain Amgen Products in Brazil from Hypermarcas

THOUSAND OAKS, Calif., April 8, 2011 /PRNewswire via COMTEX/—Amgen (NASDAQ: AMGN), the world’s largest biotechnology company, announced today the expansion of its operations in Brazil, including the acquisition of Bergamo, a privately-held Brazilian pharmaceutical company. Amgen has also agreed to reacquire rights in Brazil to its products that were previously granted to Mantecorp (subsequently acquired by Hypermarcas). Together, these transactions will provide Amgen a significant presence in Brazil and immediate, direct access to one of the fastest growing pharmaceutical markets in the world.

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