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Stock impact report

Strong Results and Pipeline Momentum Power Amgen's (AMGN) 2025 Rally [Yahoo! Finance]

Amgen Inc. (AMGN) 
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
Company Research Source: Yahoo! Finance
Amgen Inc. (NASDAQ:AMGN) has outperformed the broader market this year, supported by strong financial results and steady clinical progress, even as investors keep an eye on upcoming patent expirations. The stock is up more than 27% since the start of 2025. In the third quarter, revenue rose 12% from a year earlier to $9.6 billion. Several of the company's key growth drivers delivered solid numbers. Repatha, a treatment for high cholesterol, generated $794 million in sales during the period, a 40% increase from the prior year. Tezspire, Amgen's asthma therapy, posted revenue of $377 million, also up 40% year over year. Growth may slow over the next few quarters as biosimilar competition for denosumab, a bone-health drug sold under the Prolia and Xgeva brands, begins to gain traction. That pressure is real, and it is already on investors' radar. Amgen Inc. (NASDAQ:AMGN) still has multiple ways to offset that impact. Several existing products continue to offer years of sales growth, Show less Read more
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