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Amgen Inc.
Type Public (NASDAQAMGN)
Founded 1980
Headquarters Thousand Oaks, California, United States
Key people Kevin W. Sharer, President & CEO
Industry Biotechnology
Products Epogen, Aranesp, Kineret, Enbrel, Neulasta, Neupogen, and Sensipar / Mimpara
Revenue $14.771 Billion USD (2007)
Net income $3.166 Billion USD (2007)
Employees 17,500 (2007)
Website www.amgen.com

Amgen Inc. (NASDAQAMGN, SEHK: 4332) is an international biotechnology company headquartered in Thousand Oaks, California. Located in the Conejo Valley, Amgen is the largest independent biotech firm. The company employs approximately 14,000 staff members including the 125 Allied-Barton Security staff and A-post personnel in 2007. Its products include Epogen, Aranesp, Enbrel, Kineret, Neulasta, Neupogen, Sensipar / Mimpara and Nplate. Epogen and Neupogen (the company's first products on the market) were the two most successful biopharmaceutical products at the time of their respective releases.

BusinessWeek ranked Amgen first on the S&P 500 for being one of the most "future-oriented" of those five hundred corporations.[1] BusinessWeek ostensibly calculated the ratio of research and development spending, combined with capital spending, to total outlays; Amgen had the fourth highest ratio, at 506:1000.

Amgen is the largest employer in Thousand Oaks and second only to the United States Navy in terms of number of people employed in Ventura County.

With plans to expand into a new campus under construction in South San Francisco, Amgen abruptly halted construction on the plans and instead put the 365,000 square feet (33,900 m2) of new space on the sublease market.[2]

In 2006, Amgen began sponsoring the Tour of California, one of only three major Union Cycliste Internationale events in the United States.

Contents

History

AMGen Corporate Logo, 1983
Amgen's corporate Gulfstream V departs Fox Field, Lancaster, California

The word AMGen is a portmanteau of the company's original name, Applied Molecular Genetics, which became the official name of the company in 1983 (three years after incorporation and coincident with its initial public offering). The company's first chief executive officer, from 1980, was George B. Rathmann, followed by Gordon M. Binder in 1988, followed by Kevin W. Sharer in 2000. The company has made at least five major corporate acquisitions.

Acquisition history

  • 1994 - Synergen, Inc.
  • 2000 - Kinetix Pharmaceuticals, Inc.
  • 2002 - Immunex Corporation[3]
  • 2004 - Tularik, Inc.
  • 2006 - Abgenix, Inc.[4]
  • 2006 - Avidia, Inc.
  • 2007 - Ilypsa, Inc.
  • 2007 - Alantos Pharmaceuticals Holdings, Inc.

Products

As of November 20, 2008, Amgen had ten approved drugs for fifteen conditions (conditions lists are highly generalized; see each article for more detail):

In other drug discovery phases (Phases I, II, III and in preclinical development), the company has twenty-three pharmacologic agents for twenty-eight conditions; nineteen of the candidates are not currently approved for any indication.

See also

References

External links

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