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Zacks News
Thousand Oaks, CA-based Amgen is one of the biggest biotech companies in the world, with a strong presence in the oncology/hematology, cardiovascular disease, neuroscience, inflammation, bone health and nephrology markets. The company used advances in cellular and molecular biology to develop two of the biotech industry’s earliest and most successful drugs, Epogen (anemia) and Neupogen (white blood cell stimulant). Amgen successfully launched two next-generation products, Aranesp and Neulasta. Meanwhile, the acquisition of Immunex Corporation gave Amgen access to the multi-blockbuster drug, Enbrel. However, all these older drugs are facing declining sales due to biosimilar or branded competition, which is being somewhat offset by its newer blockbuster drugs like Prolia/Xgeva
Should Value Investors Buy Amgen (AMGN) Stock?
by Zacks Equity Research
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Amgen (AMGN) Stock Moves -0.23%: What You Should Know
by Zacks Equity Research
Amgen (AMGN) closed the most recent trading day at $194.94, moving -0.23% from the previous trading session.
Should First Trust Capital Strength ETF (FTCS) Be on Your Investing Radar?
by Sweta Killa
Style Box ETF report for FTCS
Medicines Company's Inclisiran Succeeds in Pivotal Studies
by Zacks Equity Research
The Medicines Company's (MDCO) PCSK9 inhibitor, inclisiran, meets primary endpoint of LDL-C reduction in the remaining two phase III studies in the ORION program. Shares up.
Incyte Treats First Patient in Phase III Vitiligo Study
by Zacks Equity Research
Incyte (INCY) treats first patient in the TRuE-V clinical program on the cream formulation of ruxolitinib for the treatment of vitiligo.
Cutting Rates 50 bps. Smart, Dumb, Not Enough?
by John Blank
Did the Fed Do the Right Thing?
Biotech Stock Roundup: Pipeline Updates From REGN, BIIB, AMGN and More
by Zacks Equity Research
Key highlights of the past week include regulatory and pipeline updates, licensing deals, and more.
Regeneron/Sanofi Gets Positive CHMP Opinion for Dupixent
by Zacks Equity Research
Regeneron (REGN) and Sanofi get positive CHMP recommendation for the label expansion of asthma drug Dupixent in an additional indication.
Amgen (AMGN) Gains As Market Dips: What You Should Know
by Zacks Equity Research
In the latest trading session, Amgen (AMGN) closed at $196.94, marking a +0.66% move from the previous day.
5 Safe Bets for a Rocky Market
by Sejuti Banerjea
Here are 5 companies with proven track records.
Amgen, Walt Disney, Microsoft, Apple and Oracle highlighted as Zacks Bull and Bear of the Day
by Zacks Equity Research
Amgen, Walt Disney, Microsoft, Apple and Oracle highlighted as Zacks Bull and Bear of the Day
3 Big Biotech Stocks Worth Adding to Your Portfolio Now
by Ekta Bagri
We highlight a few key biotech stocks that surpass the sector so far in 2019 and are likely to witness a winning run in the near term.
Bull of the Day: Amgen (AMGN)
by David Borun
One of the world's original biotech companies is still on top of the heap after almost 40 years.
Alexion (ALXN) Down on News of CFO Clancy's Departure in 2019
by Zacks Equity Research
Alexion's (ALXN) shares decline, following the news of the departure of its current chief financial officer, Paul Clancy.
Merck's Keytruda Combo Gets FDA Nod for Endometrial Carcinoma
by Zacks Equity Research
Merck (MRK) receives accelerated approval for label expansion of Keytruda in combination with Lenvima for treating certain types of endometrial carcinoma. Its Ebola vaccine BLA gets priority review.
Biotech Stock Roundup: BIIB Halts AD Study, AMGN Posts Positive MM Drug Data & More
by Zacks Equity Research
Key highlights of the past week include regulatory and pipeline updates, acquisition deals, and more.
Seattle Genetics' Enfortumab Vedotin BLA Gets Priority Review
by Zacks Equity Research
The FDA accepts Seattle Genetics (SGEN) and Astellas' BLA for enfortumab vedotin under a priority review to treat advanced/metastatic urothelial cancer. A verdict is pending on Mar 15, 2020.
The Zacks Analyst Blog Highlights: Amgen, Tokyo Electron and Kinross Gold
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Amgen, Tokyo Electron and Kinross Gold
Alder (ALDR) Stock Up on Acquisition Agreement With Lundbeck
by Zacks Equity Research
Alder (ALDR) signs an agreement to be acquired by Danish pharmaceutical company, Lundbeck A/S, for $1.95 billion.
Top Stock Picks for Week of September 16, 2019
by Panel Of Zacks Experts
A Biotech Pioneer and an E-Commerce Giant.
Aimmune's Peanut Allergy Drug Gets FDA Committee's Support
by Zacks Equity Research
Aimmune's (AIMT) peanut allergy drug gets majority of votes from the Advisory Committee of the FDA.
Why Cut the Fed Funds Rate Again? Global Week Ahead
by John Blank
It could be to keep policy and risk-free benchmark Treasury rates in alignment with the ECB's easing last week. It could be to alleviate trade war uncertainty. It could be to assist in next year???s U.S. Presidential election.
Amgen's Kyprolis Combo Improves PFS in Multiple Myeloma Study
by Zacks Equity Research
Amgen's (AMGN) phase III study on Kyprolis in combination with dexamethasone and J&J's Darzalex meets the goal of progression-free survival for treating relapsed or refractory multiple myeloma.
Vertex Gains Reimbursement for Orkambi & Symkevi in Scotland
by Zacks Equity Research
Vertex (VRTX) secures reimbursement nods in Scotland for its cystic fibrosis drugs Orkambi and Symkevi.
Celgene's (CELG) Leukemia Candidate Meets Endpoints in Study
by Zacks Equity Research
Celgene's (CELG) CC-486 maintenance therapy improves overall survival in newly-diagnosed acute myeloid leukemia patients.