Pharmaceutical Business review

BMS takes over Amira

Following the acquisition, Amira has become the wholly-owned subsidiary of BMS.

Earlier in July 2011, BMS signed a definitive agreement to acquire Amira for $325m.

The deal allowed BMS to take over Amira’s fibrosis program, including the lead asset AM152, which is now poised for Phase IIa proof-of-confidence studies for the treatment of idiopathic pulmonary fibrosis (IPF) and systemic Sclerosis (SSc), or scleroderma.