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Amgen gets FDA OK to market Repatha’s ability to prevent heart attacks

By   /  Friday, December 1st, 2017  /  Central Coast Health Watch, East Ventura County, Latest news  /  Comments Off on Amgen gets FDA OK to market Repatha’s ability to prevent heart attacks

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Amgen’s Thousand Oaks HQ braces for cuts

By   /  Friday, November 17th, 2017  /  Central Coast Health Watch, East Ventura County, Technology, Top Stories, Top Story  /  Comments Off on Amgen’s Thousand Oaks HQ braces for cuts

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Amgen laying off 121 workers in Thousand Oaks

By   /  Friday, November 10th, 2017  /  Central Coast Health Watch, East Ventura County, Latest news, Technology, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen laying off 121 workers in Thousand Oaks

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Amgen buying out joint venture Kirin-Amgen for $780 million

By   /  Tuesday, October 31st, 2017  /  Central Coast Health Watch, Latest news, Technology  /  Comments Off on Amgen buying out joint venture Kirin-Amgen for $780 million

Amgen, the biotech giant based in Thousand Oaks, announced that it would buy out joint venture Kirin-Amgen, which was created to develop white blood cell booster Neupogen among other projects, for $780 million. The joint venture holds intellectual property rights for Neupogen, Neulasta, Aranesp, Nplate and brodalumab. In addition to the cash deal, Amgen will Read More →

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Amgen product sales slip but income stays steady

By   /  Thursday, October 26th, 2017  /  Central Coast Health Watch, East Ventura County, Latest news, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen product sales slip but income stays steady

Net income at biotech giant Amgen stayed flat for the third quarter, despite a slight downtick in revenues to $5.8 billion, the company reported Oct. 25. Product sales saw a slight decline, including Neupogen, Epogen and its blockbuster rheumatoid arthritis drug Enbrel, which fell 6 percent, but net income stayed steady at a little more Read More →

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Biotech giant Amgen to pay dividend on Dec. 8

By   /  Tuesday, October 24th, 2017  /  Central Coast Health Watch, Earnings, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Biotech giant Amgen to pay dividend on Dec. 8

Biotech giant Amgen announced Oct. 24 that it would pay a $1.15 dividend for its fourth quarter of fiscal 2017. Stockholders of record for the Thousand Oaks-based company at the end of day on Nov. 17 will receive the dividend on Dec. 8.

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Westlake Village biotech company MannKind restructures debt

By   /  Monday, October 23rd, 2017  /  Central Coast Health Watch, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Westlake Village biotech company MannKind restructures debt

MannKind announced Oct. 23 that it had restructured debt due in 2018, exchanging $27.7 million in convertible notes for $23.7 million due in October of 2021 and nearly 1 million shares of its common stock. The new convertible senior subordinated exchange notes have a rate of 5.75 percent, the Westlake Village-based biotech company said in Read More →

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