Pharma Industry
Industry: Email Alert RSS FeedAmgen Reports Solid 2Q Results Despite Delay of Aranesp US Launch.(Brief Article)
Chemical Market Reporter, August, 2001 by Krause, Carey
BIOTECH LEADER Amgen reported solid second quarter earnings, beating analysts estimates on sales of its top-selling anemia drug Epogen (epoetin alfa) and immunity-boosting drug Neupogen (filgrastim). Key to the company s future growth is Aranesp (darbepoetin alfa), its next-generation anemia drug.
Amgen s net income rose to $322 million, or 30 cents a share, from $303 million, or 23 cents a share, in the year-ago period, beating Prudential Financial and SG Cowen estimates by one cent and two cents, respectively. Total product sales rose 6 percent to $859 million. Epogen/Aranesp sales rose 5 percent to $518 million, compared with Epogen-only sales in the year-ago period. Neupogen sales rose 10 percent to $340 million.
Amgen s future revenue...
- How to choose the right insurance carrier for your business
- Real Estate: Prepare your properties to weather what lies ahead
- Technology: Be prepared if part of your global supply chain goes missing
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
