Amgen launches an AbbVie Humira biosimilar in the US

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Amgen (AMGN) Announces Amjevita now Available in the US

January 31, 2023 6:03 AM EST

Amgen (NASDAQ: AMGN) today announced AMJEVITA (adalimumab-atto), a biosimilar to Humira®* (adalimumab), is now available in the United States. AMJEVITA was the first biosimilar to Humira approved by the U.S. Food and Drug Administration (FDA), in 2016.2,3

"With today's announcement, AMJEVITA is the first U.S. biosimilar to Humira®, a medicine used by more than a million patients living with certain serious inflammatory diseases," said Murdo... More

Amgen (AMGN) PT Lowered to $260 at UBS

January 30, 2023 8:51 AM EST

UBS analyst Colin Bristow lowered the price target on Amgen (NASDAQ: AMGN) to $260.00 (from $271.00) while maintaining a Neutral rating.... More

Drugmaker Amgen lays off 300 U.S. employees

January 30, 2023 7:56 AM EST

(Reuters) -Drugmaker Amgen Inc said on Monday that it let go about 300 U.S. employees or about 1.2% of its total workforce, citing recent organizational changes to its commercial team.

The company had about 24,200 staff members in over 50 countries, as of December 31, 2021, according to its latest annual regulatory... More