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Biotech Roundup: ASCO, BIO, Drug Setbacks, Incubators & More

Xconomy

Plans for new incubators were announced in two different cities. —On the positive side, Thousand Oaks, CA-based Amgen (NASDAQ: AMGN ) released an overview of Phase 2 data that showed its migraine prevention drug, erenumab, is keeping pace with rival drugs in a heated race to market.