AstraZeneca buys drugmaker Caelum in deal worth up to $500 million - NewsBreak

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By Sain in Business
Updated 3 years ago

(Reuters) - AstraZeneca said on Wednesday its newly acquired Alexion division will purchase the remaining equity in drugmaker Caelum Biosciences in a deal that could be worth up to $500 million, expanding its access into rare-disease treatments. The Anglo-Swedish drugmaker said it would take forward Caelum's late-stage trial of a...

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