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Amgen Abandons Alzheimer's Prevention Study

socalTECH

Thousand Oaks-based Amgen , along with partners Novartis and the Banner Alzheimer's Institute , said late last week that they are discontinuing a clinical research program, which had focused on Alzheimer's prevention. READ MORE>>.

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Amgen Reports Positive Results In Ostereoposis Study

socalTECH

Thousand Oaks-based Amgen reports that it saw positive top-line results for a study for its romosozumab compound in men with osteoporosis. Amgen said its Phase 3 study demonstrated a significant increase in bone mineral density (BMD) at the lumbar spine, compared with a placebo over 12 months.

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Amgen Licenses Rights To Multiple Myeloma Drug

socalTECH

Thousand Oaks-based Amgen and Boehringer Ingelheim said on Thursday that Amgen has acquired the global development and commercial rights for an immuno-oncology drug for treating multiple myeloma. The compound is currently in Phase I studies. Financial details of the deal were not announced. READ MORE>>.

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Amgen Terminates Drug Trial After Failure

socalTECH

Thousand Oaks-based Amgen said late Wednesday that it has terminated a Phase 3 study of a drug it is developing to treat metastatic pancreatic cancer, after a recommendation by the independent committee overseeing the trial.

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Amgen To Open R&D Center In Shanghai

socalTECH

Thousand Oaks-based biotech Amgen has linked with a university in Shanghai, China, to open up a new R&D center. According to Amgen, it has entered into a strategic partnership with ShanghaiTech University , to open up a research and development center at the university''s campus. READ MORE>>.

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Bio Roundup: CAR-T & Migraine Races, Intra-Cellular, Rockefeller & More

Xconomy

Who will break free of the pack of companies developing drugs meant to prevent migraines? —Amgen (NASDAQ: AMGN ), of Thousand Oaks, CA, and partner Novartis released positive results from the first Phase 3 trial of erenumab , one of a group of drugs being developed to prevent migraines , not just lessen their impact when they happen.

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Biotech Roundup: ASCO, BIO, Drug Setbacks, Incubators & More

Xconomy

—More developments arrived this week in the Sarepta Therapeutics (NASDAQ: SRPT ) saga. —On the positive side, Thousand Oaks, CA-based Amgen (NASDAQ: AMGN ) released an overview of Phase 2 data that showed its migraine prevention drug, erenumab, is keeping pace with rival drugs in a heated race to market.