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November 22, 2009 4:30 AM ET

Amgen Inc. (AMGN:NASDAQ)

LAST $55.38 USD
CHANGE TODAY -0.68 -1.21%
VOLUME 9.5M
As of 4:00 PM 11/20/09 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Amgen Inc. (AMGN)

OPEN
$55.79
PREVIOUS CLOSE
$56.06
DAY HIGH
$55.79
DAY LOW
$55.12
52 WEEK HIGH
08/13/09 - $64.76
52 WEEK LOW
04/22/09 - $44.96
MARKET CAP
56.1B
AVERAGE VOLUME 3 mo
6.0M
DILUTED EPS TTM
$4.49
SHARES OUTSTANDING
1.0B
AMGN Does Not Pay Dividends
P/E TTM
12.3x
K = Thousands  M = Millions  B = Billions

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AMGN Details

Amgen Inc., a biotechnology company, engages in the discovery, development, manufacture, and marketing of human therapeutics based on advances in cellular and molecular biology. The company markets human therapeutic products primarily in the areas of supportive cancer care, nephrology, and inflammation. Its principal products include Aranesp and EPOGEN that stimulate the production of red blood cells to treat anemia; Neulasta and NEUPOGEN, which selectively stimulate the production of neutrophils, a type of white blood cell that helps the body fight infections; and ENBREL that blocks the biologic activity of tumor necrosis factor by inhibiting TNF, a substance induced in response to inflammatory and immunological responses, such as rheumatoid arthritis and psoriasis. The company has a joint venture with Kirin Holdings Company, Limited to manufacture and market darbepoetin alfa; a co-promotion agreement with Wyeth for marketing and selling of ENBREL; and Johnson & Johnson to commercialize recombinant human erythropoietin as a human therapeutic. It markets its products to healthcare providers, including physicians or their clinics, dialysis centers, hospitals, and pharmacies primarily in the United States, Europe, and Canada. The company was founded in 1980 and is based in Thousand Oaks, California.

16,700 Employees
Founded in 1980

AMGN Top Compensated Officers

Chairman of the Board, Chief Executive Office...
Age: 61
Total Annual Compensation: $1.6M
Chief Financial Officer and Executive Vice Pr...
Age: 46
Total Annual Compensation: $797.7K
Executive Vice President of Operations
Age: 62
Total Annual Compensation: $738.8K
Executive Vice President of Global Commercial...
Age: 56
Total Annual Compensation: $970.4K
Executive Vice President of Research and Deve...
Age: 56
Total Annual Compensation: $915.0K
Compensation as of Fiscal Year 2008.

Key developments for Amgen Inc. (AMGN)

Amgen Inc. - Conference Presentation Call

Amgen Inc. - Conference Presentation Calls

Amgen Inc. - Conference Presentation Call

Amgen Inc. - Conference Presentation Calls

Amgen Announces Overall Survival Results for Vectibix(R) in First-Line Metastatic Colorectal Cancer

Amgen Inc. announced that the Phase 3 PRIME '203' trial evaluating Vectibix® (panitumumab) administered in combination with FOLFOX (an oxaliplatin-based chemotherapy) as a first-line treatment of metastatic colorectal cancer (mCRC) failed to meet a secondary endpoint of overall survival. The prospective analysis of the 203 study showed that Vectibix, when added to a FOLFOX chemotherapy regimen in patients with KRAS wild-type mCRC, resulted in a median overall survival of 23.9 months compared to 19.7 months for patients treated with FOLFOX alone. The median overall survival difference of 4.2 months in the Vectibix arm did not reach statistical significance (HR=0.83, p=0.072). Further, the addition of Vectibix to chemotherapy also improved response rate in the KRAS wild-type patient population as measured by blinded central review (55% versus 48% in the FOLFOX only arm). The data for the 203 study has been submitted for consideration of presentation at the American Society of Clinical Oncology-The Gastrointestinal Cancers Symposium Meeting for 2010.

BusinessWeek Rankings

World's Most Innovative Companies
2007  #45
2006  #87
BusinessWeek 50
2006  #9

Stock Quotes

Company Lookup
Recently Viewed
AMGN $55.38 USD -0.68
MRK $36.46 USD +1.13
KPN (NL) €11.60 EUR -0.285
GCI $10.38 USD -0.51
SBUX $21.41 USD -0.12

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AMGN Competitors

Company Last Change
Astellas Pharma Inc ¥3,200 JPY -80.00
Baxter International Inc $54.33 USD -0.62
Fresenius Medical Care €35.77 EUR +0.06
Merck KGAA €64.23 EUR +0.19
Takeda Pharmaceutical Co Ltd ¥3,540 JPY -10.00
View Industry Companies
Market data is delayed at least 20 minutes.

Industry Analysis

Valuation AMGN Industry Range
Price/Earnings 12.1x
Price/Sales 3.9x
Price/Book 2.5x
Price/Cash Flow 11.1x
TEV/Sales 2.1x

AMGN

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AMGN transactions

Type
Date
Target
No transactions in the last 6 months.

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