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Amgen (AMGN) logoLate Monday, Amgen (AMGN) unveiled positive results for its bone drug, denosumab. A clinical study of 1,432 men with hormone refractory prostate cancer revealed that denosumab, which is also known as Xgeva, improved bone metastasis-free survival by 4.2 months. However, the overall survival rate was comparable to a placebo group.

Denosumab is already used to treat osteoporosis under the brand name Prolia, and has been approved under the brand name Xgeva for the prevention of skeletal-related events (SREs) in patients with bone metastases from solid tumors. The drug has not yet been approved for the prevention of SREs in multiple myeloma patients.

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Amgen Boosted by Upbeat Drug Data originally appeared on BloggingStocks on Tue, 14 Dec 2010 11:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AmgenAmgen rallyAmgen upgradeAMGNclinical studydenosumabdrug trialfeaturedinthenewsPiper JaffrayProliatechnical analysisupgradeXgevaTue, 14 Dec 2010 11:30:00 EST<![CDATA[Closing Bell: Deals drive home (AMGN, S, IPCS, CIT, FNM, FRE)]]>http://www.bloggingstocks.com/2009/10/19/closing-bell-deals-drive-home-amgn-s-ipcs-cit-fnm-fre/http://www.bloggingstocks.com/2009/10/19/closing-bell-deals-drive-home-amgn-s-ipcs-cit-fnm-fre/http://www.bloggingstocks.com/2009/10/19/closing-bell-deals-drive-home-amgn-s-ipcs-cit-fnm-fre/#commentsFiled under: , , ,

Despite a cautious report from home builders and despite a low volume day, today marked a clear win for the S&P 5000 and for the DJIA. The S&P broke through 1,100 and the DJIA broke through 11,000. We also had two mergers this morning, and while small they are signs that companies are willing to merge once more.

Here were today's closing bell levels:

Dow 10,090.76 +94.85 (0.95%)
S&P 500 1,097.52 +9.84 (0.90%)
Nasdaq 2,175.83 +19.03 (0.88%)

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Continue reading Closing Bell: Deals drive home (AMGN, S, IPCS, CIT, FNM, FRE)

Closing Bell: Deals drive home (AMGN, S, IPCS, CIT, FNM, FRE) originally appeared on BloggingStocks on Mon, 19 Oct 2009 16:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>carl icahnCarlIcahncomplete response letterCompleteResponseLetterfdaFREIPCSosteoporosisproliaMon, 19 Oct 2009 16:00:00 EST