Friday, November 07, 2008

Amgen Positioned to Deliver Attractive Growth Over Next Five Years

NEW YORK – Nov 07, 2008 – At an Amgen (Nasdaq: AMGN) meeting of about 200 securities analysts and investors in New York City today, several members of its senior management team outlined the Company’s growth strategy, which includes delivering on its pipeline—including the experimental bone drug denosumab—growing in-line products and continuing to pursue operating efficiencies.

"In 2001, Amgen had two blockbuster products and today we have five blockbusters on the market," said Amgen Chairman and CEO Kevin Sharer. "Over the next five years we could have three more drugs achieve blockbuster status: Sensipar(R) (cinacalcet), denosumab for osteoporosis and denosumab for cancer-related indications."

Posted in Press Releases