Amgen (AMGN) Raises Quarterly Dividend 9.8% to $1.45; 3% Yield

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Amgen (AMGN), Magellan Rx Management Announce Collaboration to Improve Patient Care For Chronic, Difficult-to-Treat Conditions

December 11, 2018 4:04 PM EST

Amgen (NASDAQ: AMGN) today announced a novel multi-year collaboration with Magellan Rx Management, the pharmacy benefit management division of Magellan Health, that will leverage each company's capabilities and resources to identify clinical gaps for some of the healthcare system's most difficult-to-treat diseases. Based on Amgen and Magellan's extensive expertise in complex areas of health and specialty populations, the initial projects will focus on improving patient outcomes for the treatment of osteoporosis and migraine. These projects mark Amgen's first value-based collaboration with a pharmacy benefit manager (PBM).

"Amgen's collaboration with Magellan Rx demonstrates our commitment to... More