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Amicus Repositions With A Focus On Combining Chaperones With ERTs

This article was originally published in The Pink Sheet Daily

Executive Summary

Biotech re-obtains all rights to migalastat from GSK, buys out ERT specialist Callidus and will raise $40 million through a private placement and a debt financing. Callidus co-founder, a former Genzyme scientist, will take over the Amicus’ scientific team, while the company slashes its overall headcount by 14%.

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