Amgen Inc (NAS:AMGN)

$ 311.41 2.96 (0.96%) Market Cap: 167.05 Bil Enterprise Value: 219.78 Bil PE Ratio: 44.49 PB Ratio: 33.27 GF Score: 88/100

Amgen Inc at Bank of America Merrill Lynch Global Healthcare Conference Transcript

Sep 18, 2019 / 08:45AM GMT

Release Date Price: $195.04 (-0.85%)

Transcript

David W. Meline

Amgen Inc. - Executive VP & CFO

(technical difficulty)

We've seen good execution as we started 2019 as we drive volume-driven growth around the world in an increasingly dynamic health care environment, managing a diverse portfolio. We have representation in 6 therapeutic areas that we're investing in and commercializing. Recently announced the acquisition of Otezla to supplement our inflammation portfolio, which I'll talk about. We've also recently in July launched our first 2 biosimilars in the U.S. adding to the effort that we've already launched last year in Europe. Continue to drive investment in R&D with a rising level of investment there and some exciting opportunities developing in our pipeline. Working with the U.S. administration, advocating for patient access for affordability and for the continued support of a healthy health care sector. And then, finally, driving towards continued long-term growth for the company.

We've been going through a portfolio of transition of the business where we're now facing competition for some of our legacy products. And

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