All articles tagged with #amgen
Ipsen will acquire Kartos Therapeutics for $450 million upfront (potentially up to $1.75 billion total) to obtain Kartos' MDM2 protein‑targeting cancer drug candidate, which Ipsen licensed from Amgen in 2016, strengthening its oncology portfolio in blood cancers.
The FDA announced a pilot to let reviewers access safety and efficacy signals from ongoing clinical trials in real time via a cloud platform, with AstraZeneca and Amgen participating, aiming to cut development time and speed regulatory decisions without replacing traditional sponsor meetings. A parallel AI pilot to optimize early trials is planned, and public comments are invited, all while safeguarding patient privacy.
Amgen says it will not voluntarily withdraw Tavneos after an FDA request and will continue talks with regulators, even as the EMA re-examines Tavneos data integrity. The FDA is reviewing the original ChemoCentryx trial data and the drug’s risk-benefit profile due to rare hepatotoxicity, while Amgen asserts the underlying data are sound. Tavneos, approved in 2021 in the US and 2022 in the EU, remains a small but growing part of Amgen’s portfolio as it pursues milestones for other drugs like Uplizna and guides 2026 revenue higher after a 2025 showing of about $36.7B.
Amgen has announced a deal to acquire a UK-based cancer biotechnology company for up to $840 million, marking a significant expansion in its oncology portfolio.
Amgen has acquired Dark Blue Therapeutics for up to $840 million, adding a novel investigational molecule targeting proteins MLLT1/3 to its oncology pipeline, aiming to improve treatment for acute myeloid leukemia (AML).
Amgen has acquired Dark Blue Therapeutics, a UK biotech specializing in targeted protein degraders for oncology, for up to $840 million, to enhance its pipeline for treating acute myeloid leukemia with a novel investigational molecule showing promising preclinical results.
A study published in the New England Journal of Medicine shows that Amgen's cholesterol injection Repatha significantly reduces the risk of heart attacks, strokes, and cardiovascular death in high-risk individuals without prior events, outperforming traditional statin therapy.
Amgen has reduced the price of its cholesterol drug by 60% following pressure from President Trump, impacting its stock value.
Amgen announced that its cholesterol-lowering drug Repatha significantly prevented heart disease-related deaths, heart attacks, and strokes in a large 12,000-patient trial, potentially broadening its market beyond high-risk patients and boosting its commercial prospects.
Amgen reported strong Q2 earnings exceeding expectations but saw declines in key product sales, leading to a drop in after-hours stock trading. The company highlighted growth in products like Uplizna and Tepezza, and raised its full-year guidance despite mixed quarterly results.
Amgen's shares dropped after disappointing trial results for its weight-loss drug MariTide, which showed high discontinuation rates due to gastrointestinal side effects, especially at higher doses, despite promising efficacy in weight loss; the company plans to adjust its Phase 3 trial strategy to mitigate these issues.
Amgen's obesity drug MariTide showed significant weight loss in a Phase 2 trial but had high side effects and discontinuation rates, prompting the company to plan a slower dosing schedule for future testing.
Amgen Inc.'s shares plummeted by 12%, marking the largest drop in 23 years, after its experimental obesity drug, MariTide, failed to significantly outperform competitors and showed a high rate of gastrointestinal side effects. The drug achieved a 20% weight loss in a yearlong trial, falling short of the 25% target set by rivals Eli Lilly and Novo Nordisk. The study also reported a 40% vomiting rate, leading to an 11% discontinuation rate. Amgen plans to test a lower initial dose to reduce side effects in future studies.
Amgen's stock plummeted 12% after its obesity drug, MariTide, showed comparable results to Eli Lilly's Zepbound in weight loss efficacy but had a higher dropout rate due to side effects. While patients lost about 20% of their body weight with less frequent dosing, 11% discontinued due to gastrointestinal issues, compared to 7% for Zepbound. The market reacted negatively despite the drug meeting expectations, highlighting the competitive nature of the weight-loss drug market.
Amgen announced that its experimental obesity drug, MariTide, led to an average weight loss of up to 20% in patients over a year without plateauing, according to mid-stage trial results. The drug also showed a 17% weight loss in patients with both obesity and Type 2 diabetes. Despite these results, Amgen's shares fell as the outcomes were at the lower end of Wall Street expectations. The trial's first part tested various dosing regimens, and the second part will assess the durability of weight loss and less frequent dosing. MariTide's unique mechanism involves a peptide antibody conjugate targeting GLP-1 and GIP hormones.