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Amgen 1st quarter profit falls as costs rise, sales up 2%

Amgen 1st quarter profit falls as costs rise, sales up 2%
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Puerto ricoUnited statesEvan seigermanMichael yeeDeena beasleyRobert bradwayEli lillyDeena beasleyeditingHorizon therapeutics plcAmgen inc onAmgen incChief executive robert bradwayHorizon therapeuticsReporting by deena beasleyeditingBill berkrot

Biotech Firm Amgen To Layoff Additional 450 Employees Amid Inflation Woes

In January, Amgen laid off about 300 employees as part of organizational changes, which "mainly" impacted the U.S.-based commercial team.

Puerto ricoUnited statesThousand oaksVentura countyMegan foxRevenue serviceExchange commissionAmgen inc onAmgen incInflation reduction actInternal revenue serviceFierce pharmaAmgen job cutsAmgen layoff

Health News Roundup: Italy eases anti-COVID measures for travellers from China; Novo Nordisk launches strong guidance, warns of supply constraints and more

The other will be about half price but may not be widely available. U.S. food safety regulator announces shakeup after infant formula crisis The U.S. Food and Drug Administration (FDA) said on Tuesday it will restructure its food program that was slammed last year for responding too slowly to an outbreak of illness among infants who consumed formula from an Abbott Laboratories production plant.

Soult ukpyolsiSouth koreaUnited statesUnited kingdomAbbvie humiraRobertm califfOrazio schillaciJoe bidenDrug administrationAmerican commission on human rightsAmgen inc onAbbvie incAbbott laboratoriesHuman foods programNovo nordiskHealth minister orazio schillaci

AbbVie s Humira Gets A U S Rival, But Costs Could Stay High

U.S. patients will finally get access to cheaper versions of AbbVie Inc s blockbuster arthritis drug Humira this year, but the cost savings are expected to be limited.

United statesAbbvie humiraDouglas hoeyMurdo gordonRobert popovianNational community pharmacists associationUniversity of nebraska medical centerCare management associationBiden administration inflation reductionHarvard medical schoolAmgen inc onUnitedhealth group optumGlobal healthy living foundationAbbvie incCigna corpNational bureau of economic research

Health News Roundup: Under-funded WHO seeks reinforced role in global health at key meeting; Pfizer forecasts weak 2023 sales of COVID products and more