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Stock impact report

Amgen Looks To Enter Multiple Myeloma Space: Can It Compete? [Seeking Alpha]

bluebird bio, Inc. (BLUE) 
Last bluebird bio, inc. earnings: 2/18 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.bluebirdbio.com/investor-overview
Company Research Source: Seeking Alpha
Summary Amgen announces positive preliminary results using its antibody drug known as AMG 420, which is derived from the anti-BCMA BiTE program. AMG 420 is a drug that acts as a bridge for two proteins, which are BCMA and CD3, against tumors; this unique approach may offer a competitive advantage. It was shown that 5 stringent complete responses were achieved for those relapsed/refractory multiple myeloma patients that were treated with AMG 420. At least 4 out of 5 patients treated with AMG 420 were MRD-negative, meaning they had no detectable form of disease after treatment. Recently, Amgen ( AMGN ) announced positive preliminary results from its study treating patients with relapsed/refractory multiple myeloma. Early indications are highly positive, and I believe that this company could end up being a strong contender in this space. Early data shows that a majority of patients treated with AMG 420 achieved a stringent complete response. While this data is early in n Show less Read more
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