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Amgen Forced To Suspend Trial Of Promising Cancer Drug

Washington (dbTechno) - Amgen Inc., a unit of Takeda Pharmaceutical Co. has been forced to suspend a late-stage trial of a very promising cancer drug. The experimental drug in question is known as motesanib and was going to be used in combination with other drugs as something that could treat lung cancer. The other drugs it was [...]

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Amgen, Takeda suspend enrollment in a lung-cancer-drug study

TEL AVIV (MarketWatch) -- Amgen Inc., the Thousand Oaks, Calif., biotech major, and Takeda Pharmaceutical Co.'s Millennium subsidiary suspended enrollment of patients in a Phase III trial of motesanib combined with paclitaxel and carboplatin as a first-line treatment for advanced non-small-cell lung cancer. Early-mortality rates in the motesanib group were higher than those in the placebo...

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Research and Markets: A SWOT Framework Analysis of Amgen Inc. Completes This In-Depth 2008 Company Analysis

Research and Markets: A SWOT Framework Analysis of Amgen Inc. Completes This In-Depth 2008 Company AnalysisDUBLIN, Ireland--()--Research and Markets () has announced the addition of the "Analysis of Amgen Inc." company profile to their offering. A complete and comprehensive analysis of Amgen Inc., includes an overview of the industry the company operates in,...

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Cash-rich Amgen shopping for distressed biotechs

Amgen Inc., with more cash than all but two U.S. pharmaceutical industry rivals, is seeking to snatch up distressed biotechnology companies at bargain prices.

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Amgen expects to launch 3 blockbuster drugs in next 5 years

SAN FRANCSICO (MarketWatch) -- Amgen Inc. said Friday it expects to have three more blockbuster drugs on the market over the next five years. A blockbuster drug is generally regarded as one that has $1 billion or more in annual sales. Amgen said it currently has five such drugs on the market. The biotech also said it expects results from 17 key Phase II and Phase III studies in...

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Amgen expects newer drugs to offset weak Aranesp sales

Amgen Inc. says it sees sales from two newer drugs offsetting an expected decline in sales for its top-selling product, the anemia-fighting therapy Aranesp.

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Amgen Chief Confident in Firm's Position

Amgen Inc. said the financial fallout from safety concerns and reimbursement cuts for its flagship anemia drugs should bottom out during the first half of 2009, bolstering the company's position as it prepares for the anticipated approval and launch of a new drug for osteoporosis.

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Cytokinetics, Inc.: Cytokinetics to Present at November Healthcare Conferences

... of heart failure in 2007. Under a strategic alliance established in 2006, Cytokinetics and Amgen Inc. are performing joint research focused on identifying and characterizing activators of cardiac myosin as back-up and follow-on potential drug candidates to CK-1827452. Amgen has obtained an option for an exclusive license to develop and commercialize CK-1827452, subject to Cytokinetics'...

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IBM inks $500 million services deal with Amgen

SAN FRANCISCO (MarketWatch) -- IBM Corp. on Thursday signed a five-year contract to provide information services to biotech giant Amgen Inc. . The deal is worth $500 million and could grow to $800 million if Amgen exercises three one-year contract extensions. IBM will provide Amgen with services such as electronic messaging systems, networks, helpdesk support and server-hosting...

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Amgen profits surge on reduced expenses

Biotech drugmaker Amgen Inc. says its profit leapt in the third quarter thanks to favorable comparison with a prior-year quarter weighed down by acquisition and restructuring charges. The company reports net income of $1.16 million, or $1.09 per share,...

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Amgen profits surge on reduced expenses

Biotech drugmaker Amgen Inc. says its profit leapt in the third quarter thanks to favorable comparison with a prior-year quarter weighed down by acquisition and restructuring charges.

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Amgen profits surge on reduced expenses

Biotech drugmaker Amgen Inc. says its profit leapt in the third quarter thanks to favorable comparison with a prior-year quarter weighed down by acquisition and restructuring charges.

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Amgen Inc. Q3 2008 Earnings Conference Call Transcript

Amgen, Inc. (AMGN) Q3 FY08 Earnings Call Complete Story ยป

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Amgen, Bristol-Myers lead drug stocks higher

BOSTON (MarketWatch) -- Amgen Inc. and Bristol-Myers Squibb lead drug stocks higher early Thursday, buoyed by both companies' positive third-quarter earnings reports. The Amex Pharmaceutical Index hopped 1.9% to 257.42 and the Amex Biotechnology Index edged up 0.9% to 643.92, outpacing the Dow Jones Industrial Average . Shares of Bristol-Myers jumped 3% to $18.01 as shares of Lilly leapt...

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Amgen profits surge on reduced expenses

WASHINGTON -- Biotech drugmaker Amgen Inc. said Wednesday its profit leapt in the third quarter, thanks to a comparison with a prior-year quarter weighed down by acquisition and restructuring charges.