November 13, 2024
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Drug sales for biotech giant Amgen boost bottom line

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Proposals to streamline regulatory approval of new drugs would bode well for biotech companies like Amgen in Thousand Oaks. Thousand Oaks-based Amgen reported revenue of $6 billion in the fourth quarter of 2016, besting analyst estimates of $5.74 billion and increasing more than 7 percent from the fourth quarter of 2015. The world’s largest biotech…

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