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Here's Why Amgen (AMGN) Stock is Outperforming the Industry
AMGNAmgen(AMGN) Zacks Investment Research·2024-04-03 16:16

Amgen (AMGN) is one of the biggest biotech companies in the world, with a strong presence in the oncology/hematology, cardiovascular disease, neuroscience, inflammation, bone health, nephrology and neuroscience markets.Thousand Oaks, CA-based Amgen also has a promising pipeline of cancer drugs. It has one of the strongest cash positions in the biotech sector, which could be used to acquire more pipeline assets that could fuel long-term growth. Biosimilar drugs are also a key part of Amgen’s growth strategy. ...