ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

AMGN Amgen Inc

311.41
33.02 (11.86%)
04 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Amgen Inc NASDAQ:AMGN NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  33.02 11.86% 311.41 311.40 320.00 322.54 308.68 313.42 9,644,684 05:00:03

Amgen, AstraZeneca Announce Positive Results from Brodalumab Study

09/05/2014 11:31pm

Dow Jones News


Amgen (NASDAQ:AMGN)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Amgen Charts.
   By Maria Armental 
 

A potential treatment for moderate-to-severe plaque psoriasis shows positive results, Amgen Inc. (AMGN) and AstraZeneca PLC (AZN) said Friday.

The drug makers said the Phase 3 of the brodalumab 661-patient study met all primary and secondary endpoints, including patients achieving at least 75% improvement from baseline in disease severity or clear or almost clear skin at week 12.

Adverse effects included nasopharyngitis, upper respiratory tract infections and headaches. Serious adverse effects occurred in 1.8% of patients in the higher dose group studied and 2.7% of the lower dose, compared to 1.4% for the placebo group.

Plaque psoriasis is the most common form of psoriasis, a non-contagious, autoimmune chronic disease in which skin cells grow at an accelerated rate, causing painful and itchy, red, scaly patches.

Brodalumab is a novel human monoclonal antibody that binds to the interleukin-17 (IL-17) receptor and inhibits inflammatory signaling by blocking the binding of several IL-17 ligands to the receptor, the drug makers said.

In addition to moderate-to-severe plaque psoriasis, Amgen and AstraZeneca are studying the use of brodalumab to treat psoriatic arthritis (Phase 3) and asthma (Phase 2).

The companies are developing and commercializing five monoclonal antibodies from Amgen's clinical inflammation portfolio, including brodalumab, under an April 2012 agreement.

Shares of Amgen closed at $111.48 Friday and were slightly up in after-hours trading. ZastraZeneca's shares, also up in after-hours trading, closed at $77.24.

Write to Maria Armental at maria.armental@wsj.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


1 Year Amgen Chart

1 Year Amgen Chart

1 Month Amgen Chart

1 Month Amgen Chart

Your Recent History

Delayed Upgrade Clock