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Amgen’s Second Quarter 2011 Revenue Increased 4 Percent to $4.0 Billion
Date:7/29/2011

on, related torecording acquired inventory at fair value which is in excess of its historical manufacturing cost. (e) To exclude the ongoing, non-cash amortization of the research and development (R&D) technology intangible assets with alternative future uses acquired with the acquisitions of Abgenix, Inc. (Abgenix) and/or Avidia, Inc. (Avidia).   (f) To exclude merger-related expenses, primarily transaction costs, associated with certain of our recent acquisitions. (g) To exclude the ongoing, non-cash amortization of acquired product technology rights, primarily ENBREL, related to the Immunex Corporation (Immunex) acquisition. (h) To exclude the expense/(benefit) arising from certain legal settlements. (i) To exclude the expense related to changes in the estimated fair values of the contingent consideration obligations related to the BioVex Group, Inc.(BioVex) acquisition. (j) To exclude certain charges (or the reversal of certain previously over-accrued charges) pursuant to our continuing efforts to improve cost efficiencies in our manufacturing operations. (k) To exclude the incremental non-cash interest expense resulting from a change in the accounting for our convertible notes effectiveJanuary 1, 2009. (l) To exclude the expense resulting from the cash settlement of unvested BioVex employee stock options in connection with the BioVex acquisition. (m) To exclude the tax effect of the above adjustments.  The tax provision (benefit) for the adjustments between our GAAP and “Adjusted” results takes into account the tax treatment and related tax rate(s) that apply to each adjustment in the applicable tax jurisdiction(s).  Generally, this results in a tax impact at the U.S. marginal tax rate for certain adjustments, including amo
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Related medicine technology :

1. Amgen’s Third Quarter 2010 Revenue Unchanged at $3.8 Billion Versus Prior Year
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3. Amgen’s First Quarter 2011 Revenue Increased 3 Percent to $3.7 Billion
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