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Celgene sells psoriasis pill to Amgen for $13.4b, on way to Bristol merger
Amgen said Monday that it will buy the psoriasis pill Otezla from Celgene (CELGZ), which is selling the medicine to remove an antitrust obstacle from its planned merger with Bristol-Myers Squibb. The purchase price for Otezla is $13.4 billion — higher than many analysts expected. Bristol-Celgene investors will surely be pleased about fetching such a …