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Volume growth of Amgen's (AMGN) key drugs like Prolia, Kyprolis, Repatha and others and biosimilars portfolio is expected to have been partially offset by biosimilar/generic competition for mature ...
AMGen corporate logo, 1983 Argentine president Mauricio Macri meets with heads of Amgen, in 2018. Amgen was established in Thousand Oaks in 1980, as Applied Molecular Genetics. [6] [7] Amgen was backed by a small group of venture capitalists, and its early focus was on recombinant DNA technology and recombinant human insulin. [8]
The following table lists the largest biotechnology and pharmaceutical companies ranked by revenue in billion USD. The change column indicates the company's relative position in this list compared to its relative position in the preceding year; i.e., an increase would be moving closer to rank 1 and vice versa.
Wegovy was approved by the FDA in 2021, ... quintupling over the last five years as GLP-1 drugs rake in billions of dollars in annual revenue. ... the results led investors to sell Amgen’s stock ...
In February 2021, the business announced it would acquire Viela Bio Inc for around $3 billion ($53 per share). [ 15 ] [ 16 ] In December 2022, the company announced it would be acquired by Amgen for $27.8 billion ($116.50 in cash for each Horizon share, a 20% premium). [ 17 ]
Volume growth from Amgen's (AMGN) key drugs like Prolia, Xgeva, Repatha and others is expected to have been partially offset by biosimilar/generic competition for mature drugs.
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Molecular Partners AG is a clinical-stage biopharmaceutical company based in Zürich, Switzerland. [2] The company is developing a new class of potent, specific and versatile small-protein therapies called DARPins, [3] with potential clinical applications in a range of disease areas including oncology, immuno-oncology, ophthalmology, and infectious diseases.