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-0.00114754098360656 -0.00114754098360656 -0.00114754098360656 -0.00114754098360656 0 0.00327868852459021 0.00784426229508203 0.00983442622950828
Stock impact report

Amgen A Buy On Otezla Revenue [Seeking Alpha]

Bristol-Myers Squibb Company (BMY) 
Last bristol-myers squibb company earnings: 2/6 07:05 am Check Earnings Report
US:NYSE Investor Relations: bms.com/investors.html
Company Research Source: Seeking Alpha
SummaryAmgen Bought Otezla from Bristol-Myers Squibb in November 2019.Otezla revenues imply major y/y gains for Amgen.Pipeline is full of opportunities.Amgen (AMGNOtezla has been a commercial drug since 2014, when it belonged to Celgene and was approved for treating psoriatic arthritis, plaque psoriasis and Behcet's disease by the FDA. It is also approved in the European Union. As part of the recent acquisition of Celgene by Bristol-Myers Squibb (BMYsold to AmgenThis event resulted inAmgen updating 2019 guidanceQ3 2019 Otezla revenueQ4 2019 conference callOtezla (apremilast) is an orally administered, small molecule that inhibits PDE4, in turn increasing levels of cAMP, in turn down-regulating a wide variety of immune inflammatory factors. In addition to its currently approved indications, it is in Phase 3 trials for pediatric plaque psoriasis, mild to moderate plaque psoriasis, and genital psoriasis. Intellectual property protects it from direct competition through 2028, but there ar Show less Read more
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