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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
Spectrum Pharmaceuticals Up 134% in 6 Months: Here's Why
by Zacks Equity Research
Spectrum Pharmaceuticals (SPPI) stock is witnessing significant momentum mainly on encouraging data from poziotinib study.
Here's Why Nektar Stock Skyrocketed Almost 500% in a Year
by Zacks Equity Research
Nektar's (NKTR) shares soar in a year's time on a robust pipeline including several study initiations, positive readouts and strategic collaborations.
The Zacks Analyst Blog Highlights: Johnson & Johnson, AbbVie, Amgen, Novo-Nordisk and Zoetis
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Johnson & Johnson, AbbVie, Amgen, Novo-Nordisk and Zoetis
Can These 4 Large-Cap Drug Stocks Deliver an Encore in '18?
by Zacks Equity Research
We present four large cap drug companies, which are expected to repeat their last year's industry beating performance in 2018.
Amgen Gets FDA Nod to Add ENDEAVOR Data on Kyprolis Label
by Zacks Equity Research
Amgen (AMGN) gets an earlier-than-expected approval to include ENDEAVOR study OS data on Kyprolis label.
Biotech Stock Roundup: Juno Surges on Acquisition Rumor, Concert Down on Patent News
by Arpita Dutt
Is Celgene (CELG) in talks with Juno regarding a possible acquisition deal? This was the main news in the biotech sector this week.
Will Amgen (AMGN) Continue to Tread Growth Path This Year?
by Zacks Equity Research
Amgen (AMGN) stock outperformed the industry in 2017. We will have to wait and see if it can keep the momentum alive in 2018.
Novartis (NVS) Announces Acceptance of Humira BLA by the FDA
by Zacks Equity Research
Novartis (NVS) Biologics License Application (BLA) for the proposed biosimilar of blockbuster drug Humira was accepted by the FDA under the 351 (k) pathway.
The Zacks Analyst Blog Highlights: Celgene, Amgen, Exelixis, Alexion and Vertex
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Celgene, Amgen, Exelixis, Alexion and Vertex
Merck's Keytruda on a Roll: Can it Retain the Spark in 2018?
by Zacks Equity Research
Merck's (MRK) Keytruda rapidly grows as its key top-line driver. The Keytruda development program shows significant advancement in 2017.
AstraZeneca's Asthma Drug Benralizumab Gets Approval in EU
by Zacks Equity Research
AstraZeneca's (AZN) benralizumab receives approval in Europe as maintenance treatment for severe eosinophilic asthma under the trade name Fasenra.
Novartis Starts Trial on Psoriasis Drug Cosentyx Biosoimilar
by Zacks Equity Research
Novartis (NVS) announced the initiation of a trial on the biosimilar version of Cosentyx which will compare the drug to its proposed biosimilar for the treatment of ankylosing spondylitis.
Humana Extends Contract With Tivity Health, Spurs Healthcare
by Zacks Equity Research
Humana (HUM) continues to form strategic partnerships to improve the overall health of its Medicare Advantage members.
Merck's Keytruda Combo Gets Breakthrough Therapy Status
by Zacks Equity Research
Merck's (MRK) Keytruda in combination with Eisai's Lenvima gets breakthrough therapy designation from the FDA as a potential treatment for advanced kidney cancer.
Amgen Announces Acceptance of MAA for Evenity in Europe
by Zacks Equity Research
Amgen's (AMGN) regulatory application seeking approval for Evenity as a treatment of osteoporosis gets EMA's acceptance.
Merck's (MRK) Keytruda Succeeds in High-Risk Melanoma Study
by Zacks Equity Research
Merck (MRK) announced that a phase III study evaluating Keytruda as monotherapy for the treatment of high-risk melanoma met the primary endpoint.
ImmunoGen Starts Phase I Study on Leukemia Candidate IMGN632
by Zacks Equity Research
ImmunoGen (IMGN) begins a phase I study to evaluate its anti-CD123 antibody-drug conjugates, IMGN632, for treating patients with hematological malignancies.
3 Large-Cap Pharma Stocks to Watch Out for This New Year
by Zacks Equity Research
We take a look at a few Large Cap drug stocks with a favorable combination of Zacks Rank and VGM Score. The stocks are poised to carry on their bull run this year too.
Can AbbVie (ABBV) Stock Keep the Momentum Alive in 2018?
by Zacks Equity Research
AbbVie Inc. (ABBV) shares are expected to be northbound in 2018, carrying on the momentum achieved last year.
Why is Nektar (NKTR) Stock Up More Than 350% This Year?
by Zacks Equity Research
Nektar's (NKTR) shares soar in the year so far on a robust pipeline including several study initiations and strategic collaborations.
Radius Health to Get Third Day-180 List of Outstanding Issues
by Zacks Equity Research
Radius Health (RDUS) will get a third Day-180 List of Outstanding Issues from the CHMP for its marketing authorisation application of abaloparatide-SC leading to a further delay in tentative approval.
Spectrum Pharma Dismisses CEO, Makes Leadership Changes
by Zacks Equity Research
Spectrum Pharma (SPPI) terminates Rajesh Shrotriya and appoints its present COO, Joseph Turgeon, as the new CEO.
Merck's Keytruda Misses Primary End Point for Gastric Cancer
by Zacks Equity Research
Merck's (MRK) anti-PD-1 therapy Keytruda misses the primary endpoint in a phase III study, which analyzed it as a second-line treatment for patients with advanced gastric adenocarcinoma.
Pfizer's Arthritis Drug Gets FDA Nod for Label Expansion
by Zacks Equity Research
The FDA approves label expansion of Pfizer's (PFE) JAK inhibitor Xeljanz for two doses on an impressive data from two phase III studies.
Roche/AbbVie Report Positive Phase III Results on Venclexta
by Zacks Equity Research
Roche (RHHBY) announced positive results from a pivotal phase III study, MURANO, evaluating Venclexta plus Rituxan compared to bendamustine plus Rituxan (BR) for the treatment of relapsed or refractory chronic lymphocytic leukemia (CLL).