Investors Pile Into Amgen in Search of Next Obesity Drug Payout [BNN Bloomberg (Canada)]
Amgen Inc. (AMGN)
Last amgen inc. earnings: 4/30 04:01 pm
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US:NASDAQ Investor Relations:
investors.amgen.com
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Source: BNN Bloomberg
The shares surged 12% Friday, the biggest one-day jump for Amgen in nearly 15 years, fueled by fresh optimism about the company's future in the lucrative market for weight-loss drugs after upbeat commentary from the chief executive officer. Although it could take years for a drug to come to market, investors who are looking for new ways trade into the hype are betting that the Amgen's anti-obesity entrant, MariTide, could compete against current blockbusters. Wall Street's enthusiasm for medicines tied to weight loss has supercharged Lilly, which is now the biggest health-care company in the world by market value. Likewise, Novo is the most valuable listed company in Europe and other runners up have also notched healthy gains. Read more: Here Are the Obesity Drug Hopefuls Vying to Unseat Lilly, Novo “There's a clear enthusiasm to get more things on market and try to have something that is differentiated so that even if you are three or four years behind getting to market, you c
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News
- FDA Roundup: May 17, 2024 [Yahoo! Finance]Yahoo! Finance
- Amgen's (AMGN) Tarlatamab Receives FDA Approval for SCLC [Yahoo! Finance]Yahoo! Finance
- U.S. FDA approves Amgen drug for small cell lung cancer [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- FDA APPROVES IMDELLTRA™ (TARLATAMAB-DLLE), THE FIRST AND ONLY T-CELL ENGAGER THERAPY FOR THE TREATMENT OF EXTENSIVE-STAGE SMALL CELL LUNG CANCERPR Newswire
- FDA Approves Amgen Drug for Persistently Deadly Form of Lung Cancer [The New York Times]The New York Times
AMGN
Earnings
- 5/2/24 - Beat
AMGN
Sec Filings
- 5/10/24 - Form DEFA14A
- 5/9/24 - Form 4
- 5/9/24 - Form 4
- AMGN's page on the SEC website