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0.000110717449069873 0.000365367581930926 0.000664304694419866 -0.000664304694419866 -0.00354295837023923 -0.00354295837023923 -0.00354295837023923 -0.00354295837023923
Stock impact report

Amgen Faces Rocatinlimab Halt And Rethinks Pipeline And Capital Priorities [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. Amgen (NasdaqGS:AMGN) and Kyowa Kirin have stopped all clinical trials of rocatinlimab after newly identified safety concerns. The companies cited potential links between OX40 pathway modulation and malignancies as the reason for the halt. The decision affects ongoing studies in multiple indications and removes a late stage candidate from Amgen's R&D pipeline. For a company like Amgen, which focuses on biologic therapies for serious diseases, the loss of a late stage asset such as rocatinlimab is meaningful for its research mix. It also comes at a time when large biopharma peers are working to refresh product portfolios as older drugs face competition and evolving treatment standards. Readers tracking biotech can view this as part of a broader pattern in which safety signals reshape portfolios even for well resourced players. Looking ahead, investors may pay cl Show less Read more
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