Amgen’s Plan To Go Big In Obesity

Competing in the obesity market will require significant investment, which Amgen is preparing for, CEO Robert Bradway told investors during the Morgan Stanley Healthcare conference.

Amgen, Inc. is hoping to be a competitive player in the red-hot obesity market despite being well behind frontrunners Novo Nordisk A/S and Eli Lilly and Company. The company is studying two drugs in clinical trials for obesity and has others in preclinical development.

Key Takeaways

  • Amgen expects long-term solutions for treating obesity will require multiple approaches, which the company is exploring.

CEO Robert Bradway told investors the company is planning to make a significant investment in the therapeutic area during a...

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