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-0.000440708911763737 9.44376239492955E-05 -0.00107029307142642 -0.000640601882456699 -0.000125916831932573 0.00122768911134192 0.00251833663865021 0.00346271287814388
Stock impact report

AMGN Stock Falls Despite Upbeat Data on Immunology Drugs: Here's Why [Yahoo! Finance]

Amgen Inc. (AMGN) 
Last amgen inc. earnings: 4/30 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.amgen.com
Company Research Source: Yahoo! Finance
Shares of Amgen AMGN fell by more than 5% on Wednesday after it reported top-line data on two different drugs in the autoimmune disease space. While the studies did meet their respective primary endpoints, Wall Street termed the results ‘lackluster' and ‘underwhelming'. At a conference call on Tuesday, Amgen posted top-line data from two late-stage studies — HORIZON and MINT. The HORIZON study evaluated an investigational anti-OX40 therapy rocatinlimab in atopic dermatitis (AD or eczema) indication. In the MINT study, management evaluated the rare disease drug Uplizna (inebilizumab) for label expansion in generalized myasthenia gravis (gMG) indication. Amgen's Eczema Study Results Fell Below Street Expectations The HORIZON study showed that treatment with rocatinlimab achieved statistically significant improvements in its co-primary and key secondary endpoints. After 24 weeks, 32.8% of patients treated with the drug achieved EASI-75 (at least 75% reduction in disease severity) Show less Read more
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