Navigation Links
Amgen Outlines Strategy, Growth Objectives and Capital Allocation Plans
Date:4/21/2011

piry of the ENBREL profit share agreement with Pfizer is expected to improve the Company's adjusted operating income by $800 million each year in 2014 and 2015 compared to 2010. The Company also plans to deliver cost savings in all areas of G&A and targeted areas of commercial spend. These benefits will be partially offset by increases in the U.S. Healthcare Reform Excise Fee and the profit share on Prolia international sales.  Peacock also noted the Company's plan to invest between 18 and 20 percent of sales each year in R&D.

Peacock stated that the focus for future acquisition and licensing investments would be to advance the Company's strategy to bring innovative medicines to market and expand the company's operating footprint into emerging markets and Japan. Peacock also highlighted that the Company will be disciplined in ensuring that investments deliver both profitable growth and an attractive return on capital.

Amgen expects several growth drivers for its business beyond 2015 which include Prolia and XGEVA, several pipeline launches, expansion into emerging markets and Japan and investments to build a biosimilars portfolio.

A webcast of the Amgen Business Review meeting with presentation slides and video is available through www.amgen.com

Forward-Looking Non-GAAP Financial Measures

Management has presented herein certain forward-looking statements about the Company's future financial performance that include non-GAAP (or "as-adjusted") financial measures, including Adjusted Net Income, Adjusted Operating Margin, Adjusted Operating Income, Adjusted EPS, Adjusted Cost of Sales, Adjusted R&D and Adjusted SG&A expense. These non–GAAP financial measures are derived by excluding certain amounts, expenses or income, from the corresponding financial measures determined in accordance with U.S. Generally Accepted Accounting Principles (GAAP). The Company believes t
'/>"/>

SOURCE Amgen
Copyright©2010 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8

Related medicine technology :

1. Amgen and UCB Announce Positive Phase 2 Results of AMG 785/CDP7851 in Patients With Postmenopausal Osteoporosis (PMO)
2. Amgen’s First Quarter 2011 Revenue Increased 3 Percent to $3.7 Billion
3. Amgen to Webcast 2011 Business Review Meeting on April 21
4. Amgen Announces Webcast of 2011 First Quarter Financial Results
5. Amgen Establishes Commercial Operations in Brazil
6. Amgen to Appeal CHMP Opinion on Vectibix® (Panitumumab) Use With Chemotherapy in Metastatic Colorectal Cancer in Europe
7. Amgen Donates $1 Million to Help Japanese Disaster Victims
8. Amgen Completes Acquisition of BioVex
9. NBPTS and Amgen Foundation Join to Bolster Science Education
10. Amgen to Present at the Citi 2011 Global Healthcare Conference
11. CURE Magazine Teams Up With Amgen Oncology and Breakaway from Cancer® to Launch 2011 Extraordinary Healer Award for Oncology Nursing
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/10/2014)... Yesterday, former Congressman Patrick Kennedy ... facility. Rep. Kennedy and Dick Moberg ... research in neurological disease and treatment. ... Garen Staglin , created One Mind, a ... that will radically accelerate the development and implementation ...
(Date:7/10/2014)... Ariz. , July 10, 2014   Ventana ...  Group, today announced it has entered into an agreement ... which operates as EMD Serono in the ... , to collaborate with Merck KGaA,s biopharmaceutical division on ... for an undisclosed target using Ventana,s proprietary diagnostic assays. ...
(Date:7/10/2014)... CVS Caremark Corporation (NYSE: CVS ) today announced ... of $0.275 (27.5 cents) per share on the corporation,s common ... holders of record on July 21, 2014. About ... helping people on their path to better health as the ... . Through the company,s more than 7,600 CVS/pharmacy stores; ...
Breaking Medicine Technology:Representative Patrick Kennedy visits Moberg's medical device facility to discuss improvement in brain injury care 2Ventana Medical Systems, Inc. and Merck KGaA, Darmstadt, Germany to develop companion diagnostic test for cancer treatment 2Ventana Medical Systems, Inc. and Merck KGaA, Darmstadt, Germany to develop companion diagnostic test for cancer treatment 3
... BOSTON , June 15 Solos Endoscopy, ... the Company has developed a relay lense adapter system ... the MammoView® scope and endocoupler to join with virtually ... now has the flexibility to market the MammoView® to ...
... N.J. , June 15 Access Communications, LLC (Access) has ... officer (CEO). Since mid-2009, Access was under the leadership of a group ... his responsibilities as chief financial officer (CFO). , ... "I am humbled and honored to be named ...
Cached Medicine Technology:Solos Endoscopy, Inc. Develops Relay Lense Adapter System For MammoView® Product Line 2New President and Chief Executive Officer Named at Access Communications, LLC 2New President and Chief Executive Officer Named at Access Communications, LLC 3
(Date:7/13/2014)... inexpensive, portable, microchip-based test for diagnosing type-1 diabetes ... better understand the disease, according to the device,s ... , Described in a paper to be published ... the test employs nanotechnology to detect type-1 diabetes ... the two main forms of diabetes mellitus, which ...
(Date:7/13/2014)... Recently, MillionaireCasket.com, a well-known casket manufacturer from China, has ... the company’s chief executive officer has announced a new promotion ... offered at discounted prices, from 15 to 26 percent off. ... in huge demand in the current market. We are excited ... a lot of high quality products for sale. Many of ...
(Date:7/13/2014)... The North American water storage systems market is estimated ... by 2018, at a CAGR of 21.0%, from 2013 to ... rapid pace in North America. The U.S. is experiencing high ... wastewater storage and collection, and the increased spending on modernization ... a healthy rate in Canada, and is rising at a ...
(Date:7/13/2014)... 13, 2014 The report “Micronutrient ... Iron), Form (Chelated & Non Chelated), Application Mode ... Global Trends and Forecast to 2018” defines and ... analysis and forecasting of the global value and ... driving and restraining factors for the global agriculture ...
(Date:7/13/2014)... Fuel additives are chemicals, which are ... fuel, kerosene, and so on, in order to enhance ... the corrosion effects caused by fuels and improving the ... fuel, provide economies of scale in the long run, ... cost of the fuel products. , The various fuel ...
Breaking Medicine News(10 mins):Health News:Stanford researchers invent nanotech microchip to diagnose type-1 diabetes 2Health News:Stanford researchers invent nanotech microchip to diagnose type-1 diabetes 3Health News:Stanford researchers invent nanotech microchip to diagnose type-1 diabetes 4Health News:Cheap Oak Caskets Recently Unveiled By China Casket Manufacturer MillionaireCasket.com 2Health News:North American Water Storage Systems Market is Expected to Reach $5,450 million by 2018 - New Report by MicroMarket Monitor 2Health News:North American Water Storage Systems Market is Expected to Reach $5,450 million by 2018 - New Report by MicroMarket Monitor 3Health News:Micronutrient Market Worth $6,474.6 Million by 2018 - A Report by MarketsandMarkets 2Health News:Micronutrient Market Worth $6,474.6 Million by 2018 - A Report by MarketsandMarkets 3Health News:Micronutrient Market Worth $6,474.6 Million by 2018 - A Report by MarketsandMarkets 4Health News:North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor 2Health News:North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor 3Health News:North America Fuel Additives Market is Expected to Reach $8,100 Million by 2017 - New Report by MicroMarket Monitor 4
... residues in their milk. But antibiotics are sometimes used even ... hours to produce a result and do not test for ... closed, thanks to a fully automated minilab developed by scientists ... gwk Praezisionstechnik GmbH. Even at the best of ...
... investigations, researcher says , FRIDAY, May 7 (HealthDay News) -- ... variations in human eye color. , The researchers, led by ... link eye color in 6,000 Dutch people to their genetic ... sense -- blue, green, brown -- as in previous ...
... ... laundry detergent? In the spirit of Mother’s Day and as a gift to mothers (and fathers) ... applicable for babies as they are for brands. , ... (PRWEB) May 7, 2010 -- What does naming a baby have to do with ...
... ... had a family member or friend in a hospital knows just how stressful ... circle of friends and family. With the launch of a new iPhone tool ... right from your phone, instantly. You can choose who you want to communicate ...
... ... Free Baseball Tickets and More , ... Dublin, Ohio (PRWEB) -- Dynowatt, an independent provider of electricity and green power, ... game. When you “become a fan” of Dynowatt (powered by Accent Energy) on the ...
... ... preliminary shoots for the Pink Ribbon Connection’s annual breast cancer charity calendar. The calendar ... survivors of breast cancer. , ... Indianapolis, IN (PRWEB) May 6, 2010 -- Dario Infini saw a chance to give back ...
Cached Medicine News:Health News:Minilab can quickly identify antibiotic residues in milk, before it leaves the barn 2Health News:Minilab can quickly identify antibiotic residues in milk, before it leaves the barn 3Health News:Mother's Day Special: Catchword's 10 Rules for Branding Your Baby 2Health News:Mother's Day Special: Catchword's 10 Rules for Branding Your Baby 3Health News:Mother's Day Special: Catchword's 10 Rules for Branding Your Baby 4Health News:New "howsthepatient" iPhone App Provides a Simple, Seamless Way to Send Health Updates to Friends and Family 2Health News:New "howsthepatient" iPhone App Provides a Simple, Seamless Way to Send Health Updates to Friends and Family 3Health News:New "howsthepatient" iPhone App Provides a Simple, Seamless Way to Send Health Updates to Friends and Family 4Health News:Dynowatt Offers Facebook Fans a Chance to See the Rangers and Astros Play for Texas Bragging Rights 2Health News:Dynowatt Offers Facebook Fans a Chance to See the Rangers and Astros Play for Texas Bragging Rights 3Health News:Indiana Boudoir Photographer Begins Shooting Breast Cancer Charity Calendar 2
... ACULAR® ophthalmic solution is a prescription ... instruct you to use after your ... eyes and may cause them to ... symptoms of inflammation include redness and ...
... The ECG-9320 is a full-featured ... meets IEC60601-2-51 new international standard ... and digital filter performance. The ... and managed on a Windows ...
... meets IEC60601-2-51 new international standard ... and digital filter performance. It ... lightest 12 channel interpretive electrocardiograph.,It ... recorder records 3, 4, 6 ...
The Sonic WAVE™is the first market-ready Alternative to Ultrasound...
Medicine Products: