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11 Apr 2011

Amgen Buys Brazilian Pharma

Amgen has expanded its operations into Brazil with the acquisition of Bergamo, a privately held Brazilian pharmaceutical company, for approximately $215 million.

Amgen has reached an agreement to buy a Brazilian pharmaceutical company for approximately $215 million to expand its operations into Brazil. Bergamo, a privately held pharmacuetical firm, supplies medicines to hospitals in Brazil and has capabilities in oncology medicines as well as manufacturing facilities in Sao Paulo.
According to the deal, Amgen will also reacquire rights in Brazil to its products that were previously granted to Mantecorp (now Hypermarcas).
Under the agreement with Hypermarcas, Amgen reacquires the righ

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