Amgen Inc logo

Amgen Inc

NEW
NAS:AMGN (USA)   Ordinary Shares
$ 296.85 +6.33 (+2.18%) 04:00 PM EST
27.08
P/B:
25.70
Market Cap:
$ 159.62B
Enterprise V:
$ 204.79B
Volume:
2.27M
Avg Vol (2M):
3.02M
Trade In:
Volume:
2.27M
Avg Vol (2M):
3.02M

Business Description

Description
Amgen is a leader in biotechnology-based human therapeutics. Flagship drugs include red blood cell boosters Epogen and Aranesp, immune system boosters Neupogen and Neulasta, and Enbrel and Otezla for inflammatory diseases. Amgen introduced its first cancer therapeutic, Vectibix, in 2006 and markets bone-strengthening drugs Prolia/Xgeva (approved 2010) and Evenity (2019). The acquisition of Onyx Pharmaceuticals bolstered the firm's therapeutic oncology portfolio with Kyprolis. Recent launches include Repatha (cholesterol-lowering), Aimovig (migraine), Lumakras (lung cancer), and Tezspire (asthma). The 2023 Horizon acquisition brought several rare-disease drugs, including thyroid eye disease drug Tepezza. Amgen also has a growing biosimilar portfolio.