Amgen's 3rd-qtr 2007 profit plunges 82% to $210M on the back of US ESA restrictions

5 November 2007

World biotechnology major Amgen's third-quarter 2007 profit was hit by lower revenue from its portfolio of anemia drugs, after the US Food and Drug Administration placed restrictions on the entire class of erythropoiesis-stimulating agents which have been linked to risk of heart attack and stroke (Marketletter May 21).

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