Amgen meets analyst estimates, but shares drop on Q2 earnings decline
Amgen’s revenues climbed 6 percent in the second quarter, to $6.2 billion, despite the COVID-19 pandemic limiting hospital and physician operations and putting a hitch in diagnosis and treatment for many patients. Amgen’s earnings, announced July 28, met average analyst estimates. However, a 17 percent overall decline in net income for the Thousand Oaks biotech Read More →
Read More →Amgen puts $421M into BeiGene
Thousand Oaks biotech giant Amgen has upped its investment in Chinese oncology research firm BeiGene by $421 million. Amgen’s new investment, announced July 13, will allow the company maintain its ownership interest in BeiGene at 20.3 percent following a direct offering by the Chinese firm. Amgen shares rose more than 1 percent following the news Read More →
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Amgen’s growth over 40 years key to tri-county economy
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Read More →Judge upholds Amgen’s Enbrel patents
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Read More →United Way of Ventura County raises $400K to tackle homelessness
United Way of Ventura County has raised $400,000 to help end homelessness in the area. The nonprofit collected $100,000 with the help of six local sponsors as part of the Amgen Foundation’s challenge grant, which gave United Way a new funding mechanism to help increase housing stock and use existing housing vouchers to prevent and Read More →
Read More →Judge: Amgen will not have to put drug prices in TV ads
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Read More →Tri-county stocks soar along with market
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