September 30, 2022
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Biotech giant Amgen bails on brain research

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Amgen announced its exit from neurology research as sales slumped in its third quarter, while higher net income and stock buybacks propelled earnings per share up 14 percent. Despite the initial success of its migraine treatment Aimovig, the Thousand Oaks biotech giant announced its intention to call off early forays into neuroscience research, shifting its…

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