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astrazeneca

Shares in AstraZeneca ticked up after the Anglo-Swedish drugs giant announced a tie-up with biotechnology giant Amgen to develop and commercialise five treatments.

Under the terms of the agreement, Astra will make a one-off upfront payment of $50m and the companies will share costs and profits on the drugs for a variety of inflammatory, respiratory and auto-immune diseases.

To read the full, original article click on this link: AstraZeneca links up with Amgen for treatments development | Manchester Evening News - menmedia.co.uk