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 alerts Register for real-time alerts, custom portfolio, and market movers

AMGN Amgen Inc

312.9735
1.68 (0.54%)
Pre Market
Last Updated: 14:15:50
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
  1.68 0.54% 312.9735 312.00 312.99 10,184 14:15:50

FDA Approves Amgen's Kyprolis As a Second-Line Multiple Myeloma Treatment

24/07/2015 6:25pm

Dow Jones News


Amgen (NASDAQ:AMGN)
Historical Stock Chart


From May 2019 to May 2024

Click Here for more Amgen Charts.
By Tess Stynes 

Amgen Inc. said the U.S. Food and Drug Administration granted accelerated approval for its Kyprolis combination therapy as a second-line treatment for patients with relapsed cases of multiple myeloma.

The accelerated approval allows earlier use of Kyprolis for multiple myeloma--an incurable blood cancer that often becomes resistant to treatment.

Sean Harper, head of research and development at Amgen, said in an interview that the U.S. approval "will allow a much broader population to have access to the drug."

Kyprolis, which Amgen gained with its $10.4 billion acquisition of Onyx Pharmaceuticals Inc. in 2013, initially received FDA approval in 2012 as a third-line treatment.

The accelerated approval is based on a Phase 3 study that added Kyprolis to Revlimid and dexamethasone, the previous standard of care. In the study, the three-drug combination showed a 50% improvement in progression-free survival to 26.3 months, compared with 17.6 months with just Revlimid and dexamethasone alone.

Mr. Harper added that in the study the three-drug combination's toxicity didn't increase with the addition of Kyprolis, and that the trial also provided the first clear evidence that Kyprolis doesn't cause peripheral neuropathy.

Kyprolis sales totaled $332 million during 2014, the first full year of commercialization since Amgen acquired Onyx. Domestic sales were $306 million, with the remainder abroad.

Write to Tess Stynes at tess.stynes@wsj.com

Access Investor Kit for Amgen, Inc.

Visit http://www.companyspotlight.com/partner?cp_code=P479&isin=US0311621009

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