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Amolyt Pharma Enters into Definitive Agreement to be Acquired by AstraZeneca

 

  • AstraZeneca will acquire Amolyt Pharma for up to $1.05 billion in total consideration
  • The transaction is expected to close in the third quarter of 2024

 

Amolyt Pharma, a global, clinical-stage biopharmaceutical company specializing in developing therapeutic peptides for rare endocrine and related diseases, today announced it has entered into a definitive agreement for AstraZeneca to acquire Amolyt Pharma at a purchase price of $800 million upfront and a potential milestone payment of $250 million. Alexion, AstraZeneca Rare Disease is looking forward to welcoming talent from Amolyt Pharma.

 

 

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