Amgen’s gamble on new cancer drug may pay off
IN THIS ARTICLE
- Health Care & Life Science Topic
- Philip Joens Author
By Philip Joens Friday, July 17th, 2015
Amgen co-founder William K. Bowes Jr. stands watch over the Thousand Oaks campus. When Amgen bought Onyx Pharmaceuticals for $10.4 billion in 2013, it banked on Kyprolis becoming a mainstream cancer drug to treat multiple myeloma. Amgen may soon find out whether that gamble pays off. Kyprolis is currently approved for third-line treatments, and the…