Biotech stocks are a buy — especially these 18 picks
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Amgen bets on $1 9-billion Five Prime deal to grow in Asia-Pacific oncology market
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<div class="at-above-post addthis tool" data-url="https://www.metro.us/amgen-bets-on-1-9-billion/"></div>(Reuters) – Drugmaker Amgen Inc is buying Five Prime Therapeutics for about $1.9 billion to expand its line of gastric cancer drug candidates and its presence in Asia-Pacific, the companies said on Thursday. Amgen has been looking to grow in the oncology market in the region since gaining a toehold in China in 2019 through […]<! AddThis Advanced Settings above via filter on get the excerpt ><! AddThis Advanced Settings below via filter on get the excerpt ><! AddThis Advanced Settings generic via filter on get the excerpt ><! AddThis Share Buttons above via filter on get the excerpt ><! AddThis Share Buttons below via filter on get the excerpt ><div class="at-below-post addthis tool" data-url="https://www.metro.us/amgen-bets-on-1-9-billion/"></div><! AddThis Share
Operator
Thank you for standing by, and welcome to Schrodinger s Conference Call for the Fourth quarter and Full Year 2020 Financial Results. My name is Sarah, and I ll be your conference operator today. After the speakers presentation, there will be a question-and-answer session. [Operator Instructions]
Now, I d like to introduce your host for today s conference, Ms. Irene Madden, Senior Vice President of Investor Relations and Communications. Please go ahead.
Jaren Madden
Senior Vice President of Investor Relations and Communications
Thank you, and good morning, everyone. Welcome to today s call during which we will provide an update on the company and review our fourth quarter and full year 2020 financial results. Earlier this morning, we issued a press release summarizing our financial results and progress across the company, which is available on our website at www.schrodinger.com. Here with me on our call today is Ramy Farid, President and Chief Executive Officer; Kare