Exclusive: Medivation succumbs to pressure to explore sale – sources

French multinational pharmaceutical company SANOFI logo is seen at the headquarters in ParisThe San Francisco-based company has agreed to open its books to both Pfizer Inc and Amgen Inc , those people said. The move comes less than two weeks after Sanofi made its approach public by publishing a letter to Medivation&;s chief executive David Hung that contained details of the offer.

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