Amgen's Otezla, Repatha and biosimilars put on notice, with challenging years ahead

cafead

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  • cafead   Nov 22, 2021 at 10:22: PM
via Some of Amgen’s key businesses are drawing concerns as competition looms.


Amgen’s 2022 sales could be about $26.3 billion, or $700 million lower than industry watchers’ current expectations, Mizuho analyst Salim Syed warned in a Monday note to investors.

The company’s biosimilars franchise, PCSK9 cholesterol drug Repatha and inflammatory disease therapy Otezla could become its weak points, Syed said.

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