October 9, 2024
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Amgen’s bottom line falls in Q2, but analysts remain confident

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Amgen's new research and development facility in San Francisco. (courtesy photo) Thousand Oaks-based Amgen saw shares slip 5% on Aug. 7, one day after the company's second-quarter earnings announcement, but analysts remain excited about the large biotech's future pipeline largely led by its obesity-focused treatment. Amgen, one of the largest biotech companies in the world,…

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