As of last week, Amgen had 14 medicines in these later stages of development.
Wyeth owned a big chunk of biotech concern Immunex , which Amgen bought last year.
The newly approved psoriasis medicine, Raptiva, will battle it out with Amgen and Biogen Idec drugs.
Amgen ( AMGN - news - people ), announces earnings Thursday.
Although Amgen is not making predictions, that would make an approval possible in 2009 or 2010.
After studies in primates showed high levels of toxicity from GDNF, Amgen halted further human trials.
Mircera could finally come to market a year later, when Amgen's intellectual property expires.
Biologics like Amgen's Enbrel--a protein drug for immune diseases including rheumatoid arthritis and psoriasis--have become blockbusters.
In the meantime, the focus will be on Amgen's efforts to develop treatments for cancer.
Apple, Microsoft, Google, IBM, Amgen and Oracle have a total market cap of around 1.14 Trillion.
But for Amgen, the biggest and one of the oldest, things are only getting brighter.
To make the deal appealing to AHP, Amgen will have to pay quite a premium.
The Pfizer study follows on the heels of similar study last year from researchers at Amgen.
Other medicines, including multiple myeloma drug Velcade, from Millennium, and rheumatoid arthritis medicine Enbrel, from Amgen.
The stocks he sold, such as Amgen and ConAgra Foods are traded at all-time highs.
Thus Amgen could come along and take a considerable swipe at ImClone's market share.
But Porges warns that Amgen's U.S. product sales could be 2% below average estimates.
Amgen developed the chemical, but Love says the biotech giant had trouble setting up clinical trials.
In the red-ink-drenched biotechnology sector the success of Amgen takes on a fairy-tale quality.
Eprex, Roche's NeoRecormon and Amgen's Epogen are all versions of the same hormone, erythropoietin, or EPO.
By turn, Amgen expects to face such competition for its own drugs when their patents expire.
Over the past year, Serono shares have done better than those of Amgen or Genentech.
Amgen responded in late January, and the FDA set a PDUFA data of July 25, 2010.
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Amgen has only recently entered the European market with Aranesp, a longer-lasting version of EPO.
It will be interesting to watch whether the relationship between Pfizer and Amgen becomes strained.
In fact, both Amgen and Immunex have valued each other's approach enough to copy it.
One answer may come from Kineret, Amgen's own newly released treatment for rheumatoid arthritis.
Amgen books most of the sales of Enbrel within the U.S., but Wyeth sells it internationally.
In the Nineties Amgen stock had a compounded annual return of a lofty 52%.
"There are so many unknowns commercially, " said Scott Foraker, who heads Amgen's year-old biosimilars unit.
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