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AstraZeneca to Acquire Amolyt Pharma for $1.05B

Mar 14, 2024

On 14 March 2024, AstraZeneca announced that it has entered into an agreement to acquire Amolyt Pharma, a clinical-stage biotechnology company focused on developing novel treatments for rare endocrine diseases.  Amoylt’s portfolio notably includes eneboparatide (AZP-3601) currently a phase III investigational therapeutic peptide for the hypoparathyroidism.  The deal consists of $800m upfront and then $250m contingent on achieving specified regulatory milestones.