Amgen benefits from Novartis/Ionis Phase 3 research, Mizuho raised price targets, and the company faces a tax dispute resolution timeline.
4 reports, 2 independent
Updated Sep 8
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What happened
Amgen benefits from Novartis/Ionis Phase 3 research, Mizuho raised price targets, and the company faces a tax dispute resolution timeline.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Market reaction to Novartis trial results impacts Amgen's investor standing.1 source
Novartis study setbacks raise risk profile for Amgen; Novartis secures global rights from Ionis.1 source
Mizuho lifted price objective on Amgen; filing with SEC reports institutional investment.1 source
Amgen benefits from Novartis/Ionis Phase 3 research while facing tax dispute and analyst scrutiny.1 source
Keep exploring
Part of
Multiple companies, including Eli Lilly, Amgen, Ionis, and Novartis, are developing advanced experimental drugs for heart disease, including those targeting Lp(a).Also in this story
- Ionis Pharmaceuticals and Novartis co-developed heart drug Pelacarsen and are seeking regulatory approval for drug trials.
- Amgen and Novartis have developed similar drugs aimed at treating heart conditions.
- Mineralys Therapeutics presented its clinical trial results at the American Heart Association sessions in Baltimore.
- Novartis gains exclusive rights to develop ARO-SNCA through a collaboration that validates Arrowhead's TRiM technology.
The entities involved
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Amgen
American multinational biopharmaceutical company
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Novartis
Swiss-American multinational pharmaceutical corporation
Related events
- The market is reacting to the news of Novartis' drug trial failures, specifically impacting Amgen's stock performance on the Nasdaq exchange.
- Novartis's trial setbacks are negatively affecting market sentiment and causing a stock decline.
- Amgen Inc. trades on the NASDAQ stock exchange.
- Barclays raises S&P 500 target, Amgen stock slumps after trial failure, and oil prices rise due to escalating Middle East hostilities.
Coverage
Newest first; wire copies grouped- yahoo.com
- yahoo.com
- tickerreport.comOrbimed Advisors LLC Takes Position in Amgen Inc. $AMGN
- yahoo.com