Introduction
Amgen, a global biotechnology company, was founded in 1980. In its early years, it focused on developing and acquiring technologies for use in the development of drugs. Its founder was Nobel Laureate Robert A. Swanson, who had previously worked at Genentech and Cetus Corporation, two other pioneering biotechnology companies that were among the first to develop monoclonal antibodies (mAbs). Amgen’s mission is to “develop novel medicines to improve people’s lives.” The company’s focus is primarily on inflammatory diseases (such as rheumatoid arthritis) and cardiovascular conditions such as heart failure; however they also have strong interests in cancer research.
Amgen started in 1980.
Amgen’s story began in 1980, when researchers at the University of California, San Francisco (UCSF) founded a company to develop proteins that could be used to treat disease. The company’s founders were frustrated with the slow pace of drug development and believed that they could use their expertise in protein science and genetics to speed up the process.
In 1984, Amgen became a publicly traded company on NASDAQ under the symbol AMGN. It listed shares as high as $50 each; today its stock hovers around $200 per share.
Amgen focuses on inflammatory diseases, cardiovascular conditions, and cancer.
In addition to its broad commercialization capabilities, Amgen’s research and development expertise has translated into many breakthrough products for inflammatory diseases (such as Rheumatoid Arthritis), cardiovascular conditions (such as congestive heart failure), and cancer. The company’s product pipeline includes immuno-oncology therapies such as IMGN901, one of the most advanced medicines in this field; AMG-833/Amgen’s cholesterol-lowering therapy that could reduce LDL cholesterol levels by up to 60 percent;
Soliris® (eculizumab) for patients with atypical hemolytic uremic syndrome or aHUS and rare genetic disorders characterized by anti-phospholipid antibodies like Lupus Nephritis patients; multiple myeloma treatments romidepsin and AMG102;
Amgen is based in California.
Amgen is based in California and employs more than 20,000 people worldwide. The company is a leader in drug development and discovery, manufacturing, marketing and sales of biotechnology products.
Amgen’s headquarters are located in Thousand Oaks, CA. The company moved its headquarters there from San Diego in 2004 because the area was conducive to attracting top talent. It also wanted to be closer to L.A., where they could easily recruit employees from other companies like Pfizer or GlaxoSmithKline who were already living there or commuting into the city for work each day
Amgen has worked to expand its range of medications, via acquisitions, partnerships and by developing new technologies to produce drugs with more broad-ranging benefits.
Amgen has worked to expand its range of medications, via acquisitions, partnerships and by developing new technologies to produce drugs with more broad-ranging benefits.
Amgen has acquired other companies and developed new technologies to expand its range of medications. For example, Amgen purchased Onyx Pharmaceuticals in 2015 for $10.4 billion in cash—a move that helped accelerate their development of CAR-T therapies (a type of immunotherapy). In addition to such large deals, Amgen also develops drug molecules collaboratively with other pharmaceutical firms who may seek access to its resources or manufacturing capabilities. In 2017 alone, Amgen entered into ten separate partnerships for this purpose—partnerships which collectively netted over $1 billion in investments from both parties involved
Amgen has won multiple awards.
Amgen has won multiple awards. In fact, it’s won so many that we can’t list them all here! That said, among the most prestigious are:
- The Nobel Prize in Physiology or Medicine for its work on monoclonal antibodies, which are used to treat cancer and autoimmune diseases.
- The Queen Elizabeth Prize for Engineering for its use of biotechnology to develop a new type of antibody therapy (the aforementioned monoclonal antibodies).
- The Laureate Award from the Leukemia & Lymphoma Society (LLS) , recognizing innovative drug development against blood cancers such as leukemia and lymphoma.
Financial news is generally positive for Amgen.
Amgen is a global company, with aspirations to reach markets in Asia and elsewhere around the world. Amgen is based in California.
Amgen focuses on inflammatory diseases, cardiovascular conditions, and cancer.
Partnering agreements with pharmaceutical companies can prove challenging for Amgen and similar drug companies.
At the end of the day, Amgen is a global company with aspirations to reach markets in Asia and elsewhere around the world. It has won multiple awards for its research and development programs, including several “Best Biotech Company” honors from Forbes magazine. Financial news is generally positive for Amgen: Its stock price has grown steadily over time, increasing by more than 20% over the last year alone.
Patient health comes first at Amgen, but there’s lots of money to be made when it comes to treating disease and injury.
As a publicly traded company, Amgen’s success is dependent on the health of its stockholders. And while patient health comes first at Amgen, there’s lots of money to be made when it comes to treating disease and injury.
Amgen is a leader in drug development—the company specializes in the creation of innovative treatments for cancer, anemia and other chronic diseases—and has won multiple awards for its work: The company has been inducted into the National Association for Biomedical Research Hall of Fame; it was also named one of Fortune’s World’s Most Admired Companies for five years running (2012–2016).
In addition to developing new medications through internal research programs, Amgen has expanded its range of medications through acquisitions and partnerships with other pharmaceutical companies that focus on specific areas such as cardiovascular medicine or neuroscience research.
Amgen is a global company, with aspirations to reach markets in Asia and elsewhere around the world.
Amgen is a global company, with aspirations to reach markets in Asia and elsewhere around the world. In addition to its headquarters in Thousand Oaks, California, Amgen has facilities around the world including China; Basel, Switzerland; and Beijing, China.
Amgen is a leader in drug development with a strong focus on research and development (R&D). To support this growth strategy, Amgen focuses on providing excellent service to its customers through quality control initiatives and continuous improvement efforts within all of its business units.
Amgen stands out from competitors as a leader in drug development for treating inflammatory diseases, cardiovascular conditions and cancer.
Amgen is a global company with operations in the United States, Canada, Europe and Asia. The company’s focus is on drug development for treating inflammatory diseases, cardiovascular conditions such as heart disease and cancer. Amgen has a presence in China and Japan through joint ventures with local partners.
Conclusion
Amgen is a global leader in biopharmaceuticals, with the primary goal of developing drugs that help patients throughout the world. Amgen’s focus on innovation and research has led to breakthroughs in treatment of inflammatory diseases, cardiovascular conditions and cancer. The company has won multiple awards for its efforts to improve patient health as well as financial news coverage which tends toward positive commentary on Amgen’s prospects going forward.
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