Astellas ramps up M&A, buys U.S. biotech Xyphos for as much as $665 million

Astellas ramps up M&A, buys U.S. biotech Xyphos for as much as $665 million

Source: 
Reuters
snippet: 

Astellas Pharma Inc (4503.T) has bought U.S.-based Xyphos Biosciences Inc to expand its immuno-oncology business, a deal worth up to $665 million including potential development milestones and its second acquisition announced this month.