| January 07, 2003
BiotechTracker has launched its profile of Amgen, which includes profiles of 14 lead and 6 partnered drugs.
Enbrel should experience strong sales growth due to an alleviation of supply constraints, expansion into psoriasis and ankylosing spondylitis, and future approval of once-weekly dosing. The passage of a Medicare prescription drug benefit would also be a significant positive for Enbrel sales. While Humira, which was recently approved, is superior to Enbrel regarding convenience of administration, Humira data suggest that it is not clinically superior to Enbrel. The overwhelming majority of physicians, both with whom we have spoken and who have made public commentary on the issue, are unlikely to switch patients from Enbrel to Humira in the near term.
We expect Aranesp sales to reach $1.8 billion by 2007 for oncology indications alone. Especially in Europe, Aranesp will be able to compete favorably with Johnson & Johnson’s Procrit / Eprex. We also expect market expansion for Aranesp for anemia related to chronic disease and HIV.
Sales of Neulasta and Neupogen will benefit from a successful marketing program designed to increase physician and patient awareness of appropriate circumstances for their use. Neupogen / Neulasta sales will also benefit from validation of a recent study showing the survival benefits of well-tolerated, more frequent chemotherapy for cancer patients also receiving
Neupogen.
Amgen will benefit from the release of positive pipeline data in 2003, including phase II/III data for Enbrel use in psoriasis, AMG-073 phase III data in secondary hyperparathydroidism, phase III data for rHuKGF in oral mucositis, and phase II data for ABX-EGF.
|
DISCLAIMER
The above information transmitted via BioPortfolio has been provided by the original publishers
BiotechTracker ("BT") a financial information, news, and
software service focusing on event-driven biotechnology and
pharmaceutical research. The Service is provided by DPBT, LLC
("DPBT"). a joint venture formed between BT Investor,
Inc. and PCS Research Technology, Inc.
It is not guaranteed as to completeness or accuracy by BioPortfolio, the
BT publishers, or any person. Such Information is neither an offer to sell nor a solicitation to buy the securities of any company. Opinions expressed are subject to change without notice. The Information and views provided by
BT are prepared by BT employees and in no way reflect the views or efforts of BioPortfolio Limited., any of BioPortfolio's employees or officers. BioPortfolio, and BioPortfolio's employees and officers, as well as
BT’s employees and officers, in no way accept responsibility for any of the
BT content published on
www.bioportfolio.com/.
While all reasonable care has been taken to ensure that the Information contained herein is presented in good faith, and is not untrue or misleading at the time of publication, BioPortfolio, and
BT make no representation as to its accuracy or completeness and it should not be relied upon as such. The Information is supplied on the condition that the reader or any other person receiving the Information will make his or her own determination as to its suitability for any purpose prior to any use of the Information. From time to time, BioPortfolio and any officers or employees of BioPortfolio, as well as
BT, and any officers or employees of BT, may, to the extent permitted by law, have a position or otherwise be interested in any transactions, in any investments (including derivatives) directly or indirectly the subject of this report. Also BioPortfolio and
BT may, from time to time solicit business from any company mentioned in this report. This report is provided solely for the information of viewers of BioPortfolio and/or viewers and subscribers of
BT and BioPortfolio information services, who are expected to make their own investment decisions without reliance on this report. Neither BioPortfolio nor any officer or employee of BioPortfolio, nor
BT, or any officer or employee of BT, accepts any liability whatsoever for any direct, indirect, special or consequential damages or loss arising from any use of this report or their contents. This report may not be reproduced, distributed or published by any recipient for any purpose without the prior express consent of the publishers. Nothing contained herein shall be construed as conferring by implication, estoppel or otherwise any license or right under any patent, trademark or copyright of BioPortfolio,
BT or any third party.
The value of the investment(s) to which this report relates and their income
yield(s) may go up or down. The investment(s) referred to in this report may not be suitable for private investors: if you are in any doubt you should seek advice from your investment advisor. Changes in rates of currency exchange may have an adverse effect on the value, price or income of investments. Statements as to past performance of any investment are not a guide to future performance. The levels and bases of taxation can change, and if you are in doubt you should seek independent professional advice. In some cases it may be difficult for you to sell or realize your investment or to obtain reliable information about its value or the extent of the risks to which you are exposed.
THIS INFORMATION IS PROVIDED "AS IS" AND NO REPRESENTATIONS OR WARRANTIES, EITHER EXPRESS OR IMPLIED OF ACCURACY, MERCHANTIBILITY FITNESS FOR A PARTICULAR PURPOSE OR OF ANY OTHER NATURE ARE MADE WITH RESPECT TO THIS INFORMATION OR TO ANY EXPRESSED VIEWS PRESENTED IN THIS INFORMATION. |
