Amgen Shrugs Off Bone Density Concerns Related to Obesity Candidate [Yahoo! Finance]
Amgen Inc. (AMGN)
Last amgen inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
Amgen's stock has risen 4.6% this year against a decrease of 3.8% for the pharmaceuticals industry. Register now to see our 7 Best Stocks for the Next 30 Days report - free today! Amgen AMGN, in a press release, dismissed recent concerns that its obesity candidate, MariTide, may cause loss of bone mineral density (“BMD”). Some analysts at a global financial services firm claimed that a review of phase I data on MariTide showed that the candidate led to a drop in BMD, which is a measure of the amount of minerals in bones. Reduced BMD can increase the risk of fractures. The data from the phase I study were published in a journal in February. The concerns resulted in a sharp decline in the stock price on Tuesday. Amgen, in the latest press release, said there was no connection between the administration of MariTide and BMD changes. The phase I data do not indicate any concerns related to bone safety. The stock recovered on Wednesday after Amgen's statement. Top-line 52-week data
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News
- AMGEN PRESENTS NEW DATA ACROSS RARE INFLAMMATORY DISEASES AT ACR 2024 [Yahoo! Finance]Yahoo! Finance
- AMGEN PRESENTS NEW DATA ACROSS RARE INFLAMMATORY DISEASES AT ACR 2024PR Newswire
- EXCLUSIVE: Adial Pharmaceuticals Reveals Topline Results From Pharmacokinetics Study Of AD04 For Alcohol Use Disorder [Yahoo! Finance]Yahoo! Finance
- Amgen Inc. (NASDAQ: AMGN) is now covered by analysts at Citigroup Inc.. They set a "neutral" rating and a $335.00 price target on the stock.MarketBeat
- MOORE LAW ENCOURAGES AMGEN INC. INVESTORS TO CONTACT LAW FIRMPR Newswire
AMGN
Earnings
- 10/30/24 - Beat
AMGN
Sec Filings
- 11/6/24 - Form 4
- 11/6/24 - Form 4
- 11/6/24 - Form 4
- AMGN's page on the SEC website