News: AMAG Pharmaceuticals Inc (AMAG.OQ)

AMAG.OQ on NASDAQ Stock Exchange Global Select Market

46.12USD
26 Jan 2015
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$-0.64 (-1.37%)
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Mon, Sep 29 2014

Amag Pharma enters women health business with $675 million deal

- Amag Pharmaceuticals Inc entered the women's healthcare business by acquiring privately held Lumara Health Inc for $675 million in its biggest deal ever, sending its shares up as much as 23 percent to a four-year high.

UPDATE 2-Amag Pharma enters women health business with $675 mln deal

(Adds CEO and analyst comments, background, updates stock price)

BUZZ-U.S. Stocks on the Move-Ambit, Athlon, Tonix, Tibco, Amag

(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for more market insights, including options activity, ; for the Day Ahead newsletter, http://link.reuters.com/mex49s; for the Morning News Call newsletter, http://link.reuters.com/nex49s)

Deals of the day- Mergers and acquisitions

(Adds Encana Corp, Nestle, Tibco Software, Amag Pharmaceuticals; Updates Strides Arcolab and Barco)

Amag Pharma buys women's health company Lumara for $675 mln

Sept 29 - Amag Pharmaceuticals Inc said it would buy privately held women's healthcare company Lumara Health Inc for $675 million in cash and stock, gaining access to the only approved product designed to reduce the risk of preterm birth.

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