Amgen is the latest big company to cut its workforce, with a recent restructuring that led to about 300 layoffs, the Thousand Oaks-based biotech company said Monday. Amgen has about 24,000 ...

This is uncomfortable for Amgen and its shareholders as the company announced last December that it would acquire Horizon. Not only that, but the suitor had said it would pay a premium of nearly ...

The Dow Jones Industrial Average rose 1.1%, or 350 points, breaking its weeklong losing streak as negotiators in Washington ...

Amgen had sought to collect millions in damages from Sanofi because the pharmaceutical company makes a rival drug called ...

While investors are accustomed to regulators under U.S. President Joe Biden citing potential harm to consumers in objecting ...

It ends patent infringement lawsuits that Amgen had brought against Sanofi ... a February announcement that the company would ...

Amgen's (NASDAQ:AMGN) full-year 2023 revenue and EPS outlook ranges both include the consensus estimates. The biotech giant is guiding toward revenue between $26.2B and $27.3B ($26.72B consensus ...

Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories.

April 19 (Reuters) - Amgen Inc AMGN.O convinced a U.S. appeals court on Wednesday to uphold patents that bar generic versions of its blockbuster psoriasis drug Otezla proposed by Zydus ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Novartis, which is also named in the complaint, is preparing to spin Sandoz off into a standalone company later this year. Amgen's Prolia is used to treat osteoporosis. Xgeva, with the same active ...

Genesis Global Trading laid off more employees on Thursday, a spokesperson for the crypto-trading firm confirmed in a statement to CoinDesk. A person familiar with the matter said Genesis ...