Amgen (AMGN) acquires dark Blue Therapeutics for up to USD 840mln, bolstering Oncology pipeline
Newsquawk Staff · Newswires ·
Amgen (AMGN) acquires dark Blue Therapeutics for up to USD 840mln, bolstering Oncology pipeline.
What it means
Amgen's acquisition of Dark Blue Therapeutics for up to $840 million is a strategic move to enhance its oncology pipeline. This deal signals Amgen's continued commitment to expanding its portfolio in a high-growth sector, which could positively influence investor sentiment and lead to potential market gains within the biotech space. Watch for how this acquisition may impact Amgen's stock performance and any ripple effects on sector peers.
Sources
- US Midterms Cheat Sheet for Traders
- Newsquawk US Market Wrap - Stocks mixed on AI rebound ahead of US midterms
- Amgen Inc. (AMGN) Q3 2026 (USD): Adj. EPS 6.45 (exp. 5.79), Revenue 10.4bln (exp. 10.07bln), Adj. operating income 4.7bln (exp. 4.33bln)
- Israeli PM Netanyahu was reportedly the one who proposed to US President Trump the ending of financial aid to Israel, N13 reports citing sources
- US EQUITY OPEN: Tech pares back some recent losses as US/Iran negotiations and US midterms are in focus
Related headlines
- Israel has shared intelligence with the US asserting that Iran is considering the use of chemical weapons against its adversaries, information met with alarm by some American officials and deep skepticism by others, NYT reports citing sources5 days ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 11+ TICKS LOWER AT 106-165 days ago
- Eight tankers carrying 300,800 tonnes of Russian diesel are being monitored on potential voyages to the US, with seven declaring the US as their destination and arrivals expected from November 7th, according to Ukrainian sources cited by an RFE journalist5 days ago
- Sources close to the White House report a divisiveness in the Trump administration's approach to Iran, reports ILNA5 days ago
- Newsquawk Daily Economic Releases - 4th November 20265 days ago
- US and Venezuela discuss fresh aluminium cargo amid trade revival, reports Bloomberg5 days ago
- US FX WRAP: Dollar sees two-way trade on geopols as US midterms await 5 days ago
- Booking Holdings Inc. (BKNG) Q3 2026 (USD): Adj. EPS 4.66 (exp. 4.49), Revenue 8.9bln (exp. 9.55bln)5 days ago
- The Mosaic Company (MOS) Q3 2026 (USD): Adj. EPS -0.19 (exp. -0.01), Revenue 3.1bln (exp. 3.05bln)5 days ago
- Arista Networks Inc. (ANET) Q3 2026 (USD): Adj. EPS 1.20 (exp. 1.08), Revenue 3.66bln (exp. 3.33bln)5 days ago
- Meta (META) launches USD 15bln 5-parter: 5yr, 7yr, 10yr, 20yr, 30yr5 days ago
- Advanced Micro Devices Inc. (AMD) Q3 2026 (USD): Adj. EPS 2.09 (exp. 1.95), Revenue 13.4bln (exp. 13.1bln)5 days ago
- US BROKER MOVES: BE upgraded at Barclays; MRVL downgraded at TD Cowen5 days ago
- Block Inc. (XYZ) Q3 2026 (USD): Adj. EPS 1.13 (exp. 1.03), Revenue 6.72bln (exp. 6.58bln)5 days ago
- Super Micro Computer Inc. (SMCI) Q1 2027 (USD): Adj. EPS 1.81 (exp. 1.20), Revenue 19.9bln (exp. 16.02bln)5 days ago