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Latest

Amgen teams up with competitors in COVID treatment trial

By   /  Monday, August 3rd, 2020  /  Biotech, East Ventura County, Latest news, Tri-County Public Companies  /  No Comments

Amgen has joined two of its competitors in launching a trial for drugs to treat patients with COVID-19. Together with Chicago-based AbbVie and Japanese drugmaker Takeda Pharmaceutical, the Thousand Oaks biotech giant said Aug. 3 it had enrolled the first patients into a clinical trial for the anti-inflammatory drugs Otezla, cenicriviroc and Firazyr. Otezla is Read More →

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Latest

Amgen meets analyst estimates, but shares drop on Q2 earnings decline

By   /  Tuesday, July 28th, 2020  /  Banking & Finance, Biotech, Earnings, East Ventura County, Latest news, Tri-County Economy, Tri-County Public Companies  /  No Comments

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 →

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Amgen puts $421M into BeiGene

By   /  Monday, July 13th, 2020  /  Biotech, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  No Comments

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

By   /  Friday, July 3rd, 2020  /  Biotech, East Ventura County, left  /  Comments Off on Amgen’s growth over 40 years key to tri-county economy

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Judge upholds Amgen’s Enbrel patents

By   /  Wednesday, July 1st, 2020  /  Biotech, Earnings, East Ventura County, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Judge upholds Amgen’s Enbrel patents

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Judge: Amgen will not have to put drug prices in TV ads

By   /  Tuesday, June 16th, 2020  /  Biotech, East Ventura County, Latest news, Law, Technology  /  Comments Off on Judge: Amgen will not have to put drug prices in TV ads

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Tri-county stock performance mixed

By   /  Tuesday, June 9th, 2020  /  Agribusiness, Biotech, Earnings, East Ventura County, Latest news, South Coast, Technology, Tri-County Public Companies, West Ventura County  /  Comments Off on Tri-county stock performance mixed

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