Amgen's Pipeline Shows Promise with MariTide and Expanding Drug Portfolio
• Amgen is focusing on new drug launches, including the cancer drug Lumakras, to replace revenue from older medications.
• Tepezza, acquired by Amgen last year, is the first FDA-approved treatment for thyroid eye disease (TED) and is expected to perform strongly, particularly in international markets.
• MariTide, currently in phase two trials, shows potential in the weight loss market and may also have applications in treating diabetes, with analysts projecting significant revenue.
• Amgen has a robust pipeline featuring over 30 phase 3 programs, indicating a strong focus on future growth and innovation in multiple therapeutic areas.