Amgen Executive Says Experimental Drug Rocatinlimab Met Primary Endpoints In Late-Stage Study
Portfolio Pulse from Benzinga Newsdesk
Amgen's experimental drug Rocatinlimab has successfully met its primary endpoints in a late-stage study, as announced by an Amgen executive during a conference call.
September 24, 2024 | 8:40 pm
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POSITIVE IMPACT
Amgen's experimental drug Rocatinlimab has met primary endpoints in a late-stage study, indicating positive progress in their drug development pipeline.
The successful meeting of primary endpoints in a late-stage study for Rocatinlimab suggests potential future revenue streams and strengthens Amgen's drug pipeline, likely leading to a positive short-term impact on AMGN's stock price.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90