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

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

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

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

June 11, 2015 6:43 AM EDT

Jefferies analyst Eun Yang reiterated a Buy rating and $195 price target on Amgen (NASDAQ: AMGN) after an FDA panel recommended approval of Repatha, as expected.

Yang commented, "Positive panel votes were widely expected (11-4 in favor for non-HoFH high-risk pts;... 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