NEW YORK CITY: US biotech company Medivation has opened the door to being bought by either Pfizer or Amgen, a person familiar with the matter told Agence France-Presse on Tuesday.

Less than two weeks after rebuffing a $9.3 billion bid from French giant Sanofi, the San Francisco developer of anti-cancer therapies has now signed non-disclosure agreements related to merger talks with the two US pharmaceutical companies, the source confirmed.

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