Amgen (AMGN) Bullish Stance Reiterated at Jefferies Following Repatha Panel Backing

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Go back to Amgen (AMGN) Bullish Stance Reiterated at Jefferies Following Repatha Panel Backing

FDA Panel Points to Narrower Label for Amgen's (AMGN) Repatha, Nomura Notes

June 11, 2015 8:31 AM EDT

Nomura Securities analyst M. Ian Somaiya maintained his Buy rating and $182 price target on Amgen (NASDAQ: AMGN) following FDA panel recommendation for Repatha but notes commentary points to a narrower label.

Somaiya commented, "We believe the recent FDA Advisory Committee panels... More

Cowen Maintains Bullish View on Amgen (AMGN) Following Panel Repatha In Familial Hypercholesterolemia

June 11, 2015 7:13 AM EDT

Cowen analyst Eric Schmidt reiterating an Outperform rating and $189 price target on Amgen (NASDAQ: AMGN) after an FDA panel backed Repatha in familial hypercholesterolemia.

Analyst Erich Schmidt commented, "The FDA's EMDAC panel recommended Repatha be approved for HoFH (15:0 vote) and one more additional very... More

UPDATE: Amgen (AMGN) Wins FDA Panel Backing for Repatha

June 10, 2015 3:57 PM EDT

(Updated - June 10, 2015 4:26 PM EDT)

An FDA panel voted 11-4 to back Amgen's (NASDAQ: AMGN) Repatha in some patients. The panel also backed the drug for HoFH with a vote of 15-0.

Repatha is an investigational fully human monoclonal antibody that inhibits... More