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9 Sep 2011

BMS Completes Acquisition of Amira

Bristol-Myers Squibb has completed its previously announced acquisition of small-molecule pharmaceutical company Amira Pharmaceuticals.

Bristol-Myers Squibb Company announced Thursday the completion of its previously announced acquisition of small-molecule pharmaceutical company Amira Pharmaceuticals, Inc. As a result of the transaction, Amira has become a wholly-owned subsidiary of Bristol-Myers Squibb.

 

The transaction was originally announced on July 21, 2011, and has met all customary regulatory approval obligations.

 

The acquisition of privately held Amira Pharmaceuticals' fibrosis program, including the lead asset AM152, an orally available lysophosphatidic acid 1 (LPA1) receptor antagonist which has completed Phase I clinical studies and is now poised for Phase IIa proof-of-confidence studies for the treatment of idiopathic pulmonary fibrosis (IPF) and systemic Sclerosis (SSc), or scleroderma, marks Bristol-M

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