Lower anemia drug sales hit Amgen profit
Global independent biotech leader Amgen (Nasdaq: AMGN) reported fourth-quarter 2011 results with 3% growth in revenues to $3.97 billion, Adjusted net income decreased 6% to $1.04 million, or adjusted earnings per share of $1.21 (+3%). Reported net income fell 9% to $934 million, or $1.08 per share.
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