The document provides an overview of biotechnology company Amgen, including its introduction, current management, awards won in 2016, top-selling drugs like Epogen and Neupogen, and controversial issues. It discusses Amgen's collaborations with NASA on bone loss research and its strengths such as its large sales profits and patent portfolio. It also lists some risks facing Amgen like competition and potential challenges to its intellectual property.
2. overview
Introduction
Current management
Awards won in 2016
About the three drugs
Controversial issues
Biosimilar
Environment sustainability
Strengths
Risk factors
3. Introduction
Applied Molecular Genetics (1983) - formed by venture capitalist
William K, CEO George B. Rathmann and 3 employees
Biotechnology based company
Drugs for cancer, kidney disease, rheumatoid arthritis, bone
disease and other serious illnesses
No of employees-18,000 worldwide
4. Revenue generated in 2015-21.7 billion dollars
R&D expense in 2015 -3.9 billion dollars
Price of each stock -145.51 dollars as of 3/18/2016
Present in more than 75 countries
Corporate Headquarters- One Amgen Center Drive
Thousand Oaks, CA
Website- www.amgen.com
7. AmgenANDnasa
In 2011, Amgen collaborated with National Aeronautics
and Space Administration (NASA) to conduct
preclinical trials of Sclerostin antibody.
Bone loss is a critical issue when it comes to human
space mission.
The experiment will be carried out on 30 mice in the
space flight.
Half the mice will be treated and the rest will be used as
placebo
8. CKD– chronickidneydisease
Anemia is multifactorial
About 14% of the population in US has CKD and 15.4% of that
population have anemia irrespective of any stage of CKD
9. Epogen(Epoetinalpha)
Recombinant protein -erythropoietin helps body create more red blood
cells.
In 1989 Amgen got the patent for Epogen and started marketing it as an
orphan drug
In 1992 EPOGEN generates 1 billion dollar from product sales.
10. cancer
Cancer is the second most common cause of death in USA
Chemotherapy slows down or ceases cancer cell growth which
divide and grow rapidly.
It may be the only treatment or may be combined with any
other treatment.
Chemotherapy not only kills the cancerous cells but also
decreases the growth of normal cells such as immune cells or
cells of the organs.
Cancer cells attacked
by immune cells
13. Heartdiseases
Heart diseases is one of the leading causes of death in US.
Every year about 610,000 people die of heart diseases.
LDL (low-density lipoprotein) is known as a bad cholesterol as it
accumulates in the arteries and forms a plaque which may lead to
many heart diseases
14. Repatha-Evolocumab
Repatha is a fully human monoclonal antibody used in adjunct to statin
therapy.
It is used by people suffering from heterozygous familial
hypercholesterolemia (HeFH) or clinical atherosclerotic cardiovascular
disease (ASCVD) who are more tolerated towards statin therapy. It is used
as an adjunct for more lowering of LDL-C in homozygous familial
hypercholesterolemia (HoFH).
On 27th Aug 2015, Repatha was approved by the FDA.
15. Modeof actionof Repatha
Proprotein convertase subtilisin/kexin type 9 (PCSK9) is a
regulatory serine protease.
16. Controversialissues
On 16th of March 2016 Amgen won the patent infringement
case against Sanofi and Regron for its drug Repatha.
The case was fought in the federal court in Delaware.
Seven patent claims were infringed of which the company
acknowledged the infringement of two patent claims in U.S.
Patent Numbers 8,829,165, and 8,859,741.
The case was dismissed on the basis of obviousness as the other
companies didn’t have enough proof of written description.
18. Biosimilars
A biosimilar is a biological product that is highly similar to a U.S.
licensed reference biological product notwithstanding minor
differences in clinically inactive components, and for which there
are no clinically meaningful differences between the biological
product and the reference product in terms of safety, purity and
potency of the product. -U.S. FDA
26. SharingClinicalTrialSummaryResultsWithPatientsandtheMedicalCommunity
Patients and investigators can view all Amgen-sponsored clinical
trials by visiting www.amgentrials.com .
The clinical trials disclosed on www.clinicaltrials.gov (CT.gov) are
reflected in the www.amgentrials.com website.
The website also has an investigator survey where medical
professionals and investigators can provide a request to be considered
on future Amgen clinical trials.
28. The possible risk factors are :
Competition for the product
Regulatory approval
Not all products in R&D is commercialized
Clinical trials may take a lot of time
Intellectual property rights might be challenged
Adapting new tax laws may affect profits
Global economic conditions may have a negative impact
30. References:
1. Science lessons-what the business of biotech taught me about management- Gordon Binder (former CEO of AMGEN)
2. www.amgen.com
3. Mechanisms of Anemia in CKD-Jodie L. Babittcorresponding author and Herbert Y. Lin, J Am Soc Nephrol. 2012 Sep 28; 23(10): 1631–1634
4. www.epogen.com
5. Chapter 3: Use of ESAs and other agents* to treat, anemia in CKD, Kidney International Supplements (2012) 2, 299–310; doi:10.1038/kisup.2012.35)
6. Prevalence of Anemia in Chronic Kidney Disease in the, United States
7. Melissa E. Stauffer1*, Tao Fan21 SCRIBCO, Effort, Pennsylvania, United States of America, 2 Merck & Co., Inc., Whitehouse Station, New Jersey, United States of America
8. Downloaded from http://pmj.bmj.com/ on March 31, 2016 - Published by group.bmj.com,Recombinant erythropoietin in clinical practice,T Ng, G Marx, T Littlewood, I Macdougall
9. https://pubs.acs.org/cen/coverstory/83/8325/8325erythropoietin.html
10. Cancer Statistics, 2015,Rebecca L. Siegel, MPH1*; Kimberly D. Miller, MPH2; Ahmedin Jemal, DVM, PhD3,CA CANCER J CLIN 2015;65:5–29
11. http://www.cancer.gov/
12. http://www.neupogenhcp.com/
13. http://www.cdc.gov/heartdisease/facts.htm
14. https://www.amgen.ca/english/media/repatha_press_release.html
15. Drug Des Devel Ther. 2015; 9: 3073–3082.Published online 2015 Jun 15. doi: 10.2147/DDDT.S67498PMCID: PMC4474387,Profile of evolocumab and its potential in the treatment of
hyperlipidemia,Arrigo FG Cicero, Alessandro Colletti, and Claudio Borghi
16. (http://investors.amgen.com/phoenix.zhtml?c=61656&p=irol-reportsannual)
17. http://www.investopedia.com/ask/answers/082714/who-are-amgen-incs-amgn-main-competitors.asp
18. http://environment.amgen.com/sustainability
19. http://bidnessetcnews.tumblr.com/post/128202019381/can-amgen-withstand-biosimilars
20. ((J Bone Joint Surg Am. 2014 Oct 1; 96(19): 1659–1668. Published online 2014 Oct 1. doi: 10.2106/JBJS.M.01096 PMCID: PMC4179450 A Review of Osteocyte Function and the Emerging
Importance of Sclerostin Jocelyn T. Compton, MS1 and Francis Y. Lee, MD, PhD1 Author information Copyright and License information
21. http://www.amgenbiosimilars.com/the-basics/the-promise-of-biosimilars/
22. https://finance.yahoo.com/q/co?s=AMGN