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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 You Invest in the Invesco Dynamic Biotechnology & Genome ETF (PBE)?
by Zacks Equity Research
Sector ETF report for PBE
Amgen (AMGN) Gains But Lags Market: What You Should Know
by Zacks Equity Research
In the latest trading session, Amgen (AMGN) closed at $196.41, marking a +0.12% move from the previous day.
Amgen (AMGN) Continues to Reward Shareholders, Ups Dividend
by Zacks Equity Research
Amgen (AMGN) hikes its quarterly dividend by 10%.
Biotech Stock Roundup: ASH Meet in Focus, Gilead's Drugs Get Approval in China
by Zacks Equity Research
This week, focus was on data presented at the annual conference of the American Society of Hematology from Dec 1-4. Apart from this, the regular pipeline updates were also in focus in the biotech sector.
Roche's Tecentriq Combination Gets Priority Review by FDA
by Zacks Equity Research
The FDA accepts and grants Priority Review to Roche's (RHHBY) sBLA for Tecentriq in combination with carboplatin and etoposide for the initial treatment of patients withextensive-stage small cell lung cancer.
Amgen's BiTE Immunotherapies Show Promise in Early Studies
by Zacks Equity Research
Amgen's (AMGN) BiTE immunotherapy candidates, namely AMG 420 and AMG 330 show positive results in early-stage studies. AMG 420 gets a fast track designation from the FDA
AbbVie Settles With Pfizer for Humira Biosimilar in U.S.
by Zacks Equity Research
AbbVie (ABBV) strikes a deal with Pfizer to launch its biosimilar of Humira in the United States in November
FDA Committee to Review Amgen's (AMGN) Osteoporosis Candidate
by Zacks Equity Research
The FDA's BRUDAC committee will review Amgen (AMGN) and its European partner UCB's BLA for Evenity so that the candidate gets approved for treating osteoporosis in postmenopausal women.
Amgen (AMGN) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Amgen (AMGN) closed the most recent trading day at $202.37, moving +0.47% from the previous trading session.
Amgen (AMGN) Up 4.5% Since Last Earnings Report: Can It Continue?
by Zacks Equity Research
Amgen (AMGN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Novartis (NVS) Receives EC Approval for Neulasta Biosimilar
by Zacks Equity Research
Novartis (NVS) obtains EC approval for Ziextenzo, the biosimilar of Amgen's Neulasta.
4 Reasons Why Lilly is Up More Than 30% This Year So Far
by Zacks Equity Research
Eli Lilly's (LLY) stock is up 33.7% this year so far. Let us have a look at the reasons for the same.
Roche, AbbVie Get FDA Approval for Venclexta Label Expansion
by Zacks Equity Research
Roche (RHHBY) gets accelerated approval for Venclexta for the treatment of patients suffering from newly-diagnosed AML who are aged 75 years or older.
Biotech Stock Roundup: GILD's Drug Wins Nod in China, Arena Up On Licensing Deal
by Zacks Equity Research
Regulatory news and licensing contracts are key highlights in the biotech sector this week.
Should You Invest in the Invesco Dynamic Biotechnology & Genome ETF (PBE)?
by Sweta Killa
Sector ETF report for PBE
Amgen (AMGN) Gains As Market Dips: What You Should Know
by Zacks Equity Research
Amgen (AMGN) closed the most recent trading day at $194.91, moving +0.38% from the previous trading session.
Is Amgen (AMGN) a Great Stock for Value Investors?
by Nabaparna Bhattacharya
Let's see if Amgen (AMGN) stock is a good choice for value-oriented investors right now from multiple angles.
Amgen's Blincyto Gets Positive CHMP Opinion for Line Extension
by Zacks Equity Research
Amgen's (AMGN) leukemia drug, Blincyto receives positive CHMP opinion for label expansion to include minimal residual disease.
Drug Pricing Resurfaces, Pfizer to Raise Cost of 41 Drugs
by Zacks Equity Research
Per a Wall Street report, Pfizer (PFE) plans to increase the list prices of its 41 prescription drugs in 2019.
Lilly Offers Updates on Progress of Headache Disorder Drugs
by Zacks Equity Research
Eli Lilly (LLY) files NDA with FDA for migraine candidate, lasmiditan. FDA grants Breakthrough Therapy status to Emgality for episodic cluster headache indication.
Merck's Keytruda Improves Survival in Esophageal Cancer Study
by Zacks Equity Research
Merck's (MRK) Keytruda meets primary endpoint of overall survival in a phase III study evaluating it for the second-line treatment of advanced esophageal cancer.
Roche's Tecentriq Gets Priority Review for Breast Cancer
by Zacks Equity Research
Roche's efforts to expand the label of its immuno-oncology drug Tecentriq advances as the FDA accepts its sBLA and grants priority review for the treatment of breast cancer.
Amgen (AMGN) Stock Moves -0.83%: What You Should Know
by Zacks Equity Research
Amgen (AMGN) closed the most recent trading day at $191.56, moving -0.83% from the previous trading session.
Merck's (MRK) Keytruda Gets FDA Approval for Liver Cancer
by Zacks Equity Research
Merck's (MRK) Keytruda gains FDA approval for hepatocellular carcinoma (HCC) in patients previously treated with sorafenib.
Spectrum (SPPI) Earnings and Sales Beat Estimates in Q3
by Zacks Equity Research
Spectrum (SPPI) reports narrower-than-expected loss in the third quarter and also beats on revenues. The company is on track to file a BLA for Rolontis by year end.