Jefferies Reiterates Buy on Amgen (AMGN) Following FDA Approval of Humira Biosimilar

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Amgen (AMGN): Launch of ABP-501 Could Be Delayed Until 2023 - BMO

July 12, 2016 7:54 PM EDT

BMO Capital analyst, Ian Somaiya, reiterated his Outperform rating on Amgen (NASDAQ: AMGN) and price target of $186. After the FDA Advisory Committee voted 26-0 in favor of approval for ABP-501, Amgens biosimilar Humira. However, the market reaction may not be as... More

Guggenheim Highlights Latest Specialty Pharma Short Interest Data (HZNP) (VRX) (PRGO) (SHPG) (AGN)

July 12, 2016 4:59 PM EDT

Guggenheim analyst Louise Chen broke down the latest short interest data (6/30/2016) for the Specialty Pharmaceutical sector and other key Pharma/Biotech players.

The analyst notes stocks with the largest increase in short interest is AcelRx Pharmaceuticals (NASDAQ: ACRX) at +30.9%, followed by Horizon... More

AbbVie (ABBV) on Watch After Amgen (AMGN) Wins FDA Backing for Humira Biosimilar

July 12, 2016 4:26 PM EDT

AbbVie (NYSE: ABBV) on Watch After Amgen (Nasdaq: AMGN) Wins FDA Backing for Humira Biosimilar

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Amgen (AMGN) wins FDA panel backing for biosimilar Humira in U.S. - Bloomberg

July 12, 2016 4:23 PM EDT

Amgen (NASDAQ: AMGN) wins FDA panel backing for biosimilar Humira in U.S., according to Bloomberg. The panel voted 26 - 0 on the measure.

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Amgen (AMGN) Announces Meeting with U.S. FDA to Discuss ABP 501 BLA

July 12, 2016 7:32 AM EDT

Amgen (Nasdaq: AMGN) announced that the Company will discuss data supporting the ABP 501 Biologics License Application (BLA) with the U.S. Food and Drug Administration's (FDA) Arthritis Advisory Committee. ABP 501 is a biosimilar candidate to Humira® (adalimumab), an anti-tumor necrosis factor-alpha (TNF-) monoclonal antibody, which is approved in many regions for the treatment... More

Amgen's (AMGN) Repatha Pushtronex System Receives FDA Approval

July 11, 2016 9:03 AM EDT

Amgen (Nasdaq: AMGN) announced that the U.S. Food and Drug Administration (FDA) has approved the Repatha (evolocumab) Pushtronex system (on-body infusor with prefilled cartridge), a new, monthly single-dose administration option.1 The Pushtronex system is a hands-free device designed to provide 420 mg of Repatha in a single dose. Repatha is a human monoclonal antibody that blocks a protein called proprotein convertase subtilisin/kexin type 9 (PCSK9), which inhibits the body's natural system for eliminating "bad" cholesterol (low-density lipoprotein cholesterol or LDL-C) from the blood.1 Repatha is the first and only PCSK9 inhibitor to offer a... More