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NodThera Announces Appointment of Dr. Jyothis George as Chief Medical Officer
GlobeNewswire News Room· 2025-07-21 11:00
Core Insights - NodThera has appointed Dr. Jyothis George as Chief Medical Officer, effective immediately, to lead the clinical advancement of its NLRP3 inflammasome inhibitor portfolio [1][4][5] Company Overview - NodThera is a clinical-stage biotech focused on developing brain-penetrant NLRP3 inflammasome inhibitors for chronic inflammatory diseases, with two lead clinical candidates showing potentially best-in-class profiles [6] - The company is backed by prominent investors including 5AM Ventures, Blue Owl Capital, Epidarex Capital, F-Prime Capital, Novo Holdings, Sanofi Ventures, and Sofinnova Partners [6] Leadership Experience - Dr. Jyothis George brings extensive experience in cardiometabolic drug development, having previously served as Global Medical Vice President at Amgen, where he led strategic planning for obesity treatments [2][3] - His past roles include Corporate Vice President at Novo Nordisk, where he oversaw key clinical trials for drugs like semaglutide, and Global Head of Clinical Development at Boehringer Ingelheim, where he managed pivotal programs for empagliflozin and linagliptin [3] Strategic Vision - The appointment of Dr. George is expected to enhance NodThera's clinical development efforts, leveraging his expertise in regulatory success and landmark trials to advance the company's innovative therapies [4][5] - Dr. George expressed enthusiasm about transforming treatments for diseases linked to chronic low-grade inflammation, aiming to restore metabolic balance for patients [4]
Amgen (AMGN) Declines More Than Market: Some Information for Investors
ZACKS· 2025-07-18 22:51
Company Performance - Amgen's stock closed at $294.76, reflecting a -1.17% change from the previous day, underperforming the S&P 500's daily loss of 0.01% [1] - Over the last month, Amgen's shares increased by 2.98%, outperforming the Medical sector's loss of 1.59% but lagging behind the S&P 500's gain of 5.37% [1] Upcoming Earnings Report - Amgen is set to release its earnings on August 5, 2025, with an expected EPS of $5.22, representing a 5.03% increase from the prior-year quarter [2] - The Zacks Consensus Estimate for revenue is projected at $8.86 billion, up 5.64% from the year-ago period [2] Annual Estimates - For the annual period, the Zacks Consensus Estimates predict earnings of $20.84 per share and revenue of $35.23 billion, indicating increases of +5.04% and +5.41% respectively from the last year [3] - Recent analyst estimate revisions suggest a positive outlook for Amgen's business operations and profit generation capabilities [3] Valuation Metrics - Amgen is currently trading at a Forward P/E ratio of 14.31, which is below the industry average Forward P/E of 18.7, indicating a discount relative to its peers [6] - The company has a PEG ratio of 2.7, compared to the industry average PEG ratio of 1.48, suggesting that Amgen's anticipated earnings growth is factored into its valuation [7] Industry Ranking - The Medical - Biomedical and Genetics industry, which includes Amgen, has a Zacks Industry Rank of 82, placing it in the top 34% of over 250 industries [8] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [8]
Undercovered Dozen: Christian Dior, Coca-Cola, Trinity Capital, Amgen And More
Seeking Alpha· 2025-07-18 17:51
Core Insights - The article introduces "The Undercovered Dozen," highlighting twelve actionable investment ideas on tickers with less coverage, which can include both large caps and small caps [1] Group 1: Inclusion Criteria - Tickers must have a market cap greater than $100 million [1] - Tickers must have received more than 800 symbol page views in the last 90 days on Seeking Alpha [1] - Tickers must have fewer than two articles published in the past 30 days [1] Group 2: Purpose and Follow-up - The initiative aims to provide investors with a weekly review of undercovered investment ideas from analysts [1]
Can Amgen (AMGN) Keep the Earnings Surprise Streak Alive?
ZACKS· 2025-07-17 17:11
Core Insights - Amgen is positioned to continue its earnings-beat streak, having a history of exceeding earnings estimates, particularly in the last two quarters with an average surprise of 11.68% [1][5] Earnings Performance - In the last reported quarter, Amgen achieved earnings of $4.9 per share, surpassing the Zacks Consensus Estimate of $4.16 per share by 17.79% [2] - In the previous quarter, Amgen's earnings were $5.31 per share against an expected $5.03 per share, resulting in a surprise of 5.57% [2] Earnings Estimates and Predictions - There has been a favorable change in earnings estimates for Amgen, with a positive Earnings ESP of +0.07%, indicating bullish sentiment among analysts regarding its near-term earnings potential [5][8] - The combination of a positive Earnings ESP and a Zacks Rank of 3 (Hold) suggests a high likelihood of another earnings beat, with historical data showing that such combinations lead to positive surprises nearly 70% of the time [6][8] Earnings ESP Explanation - The Zacks Earnings ESP compares the Most Accurate Estimate to the Zacks Consensus Estimate, with the Most Accurate Estimate reflecting the latest analyst revisions, which may be more accurate [7] - A negative Earnings ESP can reduce predictive power but does not necessarily indicate an earnings miss [9] Importance of Earnings ESP - Many companies beat consensus EPS estimates, but this is not the sole reason for share price gains; stability can also occur even with missed estimates [10]
Amgen: Biosimilars And Rare Disease Pipeline Crucial To Overcome Patent Cliff Concerns
Seeking Alpha· 2025-07-16 03:40
Core Insights - Amgen Inc is a leading biopharmaceutical company focused on research and development of medicines for various diseases, including inflammation, rare diseases, and cardiovascular diseases [1] Company Overview - Amgen operates globally, emphasizing its commitment to developing innovative therapies [1] Investment Perspective - The company aims to provide long-term returns for investors through its focus on fundamental analysis of dividend and growth equities across diverse sectors [1]
What Makes Amgen (AMGN) a New Buy Stock
ZACKS· 2025-07-15 17:01
Core Viewpoint - Amgen (AMGN) has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][2]. Earnings Estimates and Stock Price Impact - The Zacks rating system emphasizes the importance of changing earnings estimates, which are strongly correlated with near-term stock price movements [3][5]. - Institutional investors often rely on earnings estimates to determine a company's fair value, leading to significant stock price movements based on these estimates [3]. Amgen's Earnings Outlook - For the fiscal year ending December 2025, Amgen is expected to earn $20.85 per share, which remains unchanged from the previous year [7]. - Over the past three months, the Zacks Consensus Estimate for Amgen has increased by 1.2%, reflecting a positive trend in earnings estimates [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a strong historical performance, particularly for Zacks Rank 1 stocks, which have generated an average annual return of +25% since 1988 [6]. - The upgrade of Amgen to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, indicating a strong potential for market-beating returns in the near term [9].
Are Medical Stocks Lagging Amgen (AMGN) This Year?
ZACKS· 2025-07-15 14:41
The Medical group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Amgen (AMGN) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Medical sector should help us answer this question.Amgen is one of 986 individual stocks in the Medical sector. Collectively, these companies sit at #8 in the Zacks Sector Rank. The Zacks Sector Rank considers 16 different sector groups. Th ...
Amgen (AMGN) is a Top-Ranked Growth Stock: Should You Buy?
ZACKS· 2025-07-14 14:46
Company Overview - Amgen is one of the largest biotech companies globally, with a strong presence in oncology/hematology, cardiovascular disease, inflammation, bone health, and rare diseases markets [11] - The company has developed successful drugs such as Epogen and Neupogen, and launched next-generation products like Aranesp and Neulasta [11] - Amgen's acquisition of Immunex Corporation provided access to the blockbuster drug Enbrel, although older drugs are facing declining sales due to competition [11] Financial Performance - Amgen has a Zacks Rank of 3 (Hold) and a VGM Score of A, indicating a solid position in the market [12] - The company is forecasted to achieve year-over-year earnings growth of 5.1% for the current fiscal year [12] - Recent upward revisions in earnings estimates by five analysts for fiscal 2025 have increased the Zacks Consensus Estimate by $0.09 to $20.85 per share [12] - Amgen has an average earnings surprise of +8.3%, reflecting its ability to exceed earnings expectations [12] Investment Potential - With a solid Zacks Rank and top-tier Growth and VGM Style Scores, Amgen is recommended for investors looking for growth opportunities [13]
NFL Detroit Lions legend Barry Sanders details his heart attack experience
NBC News· 2025-07-11 13:59
We are back now with a football legend opening up about his health. Barry Sanders played 10 seasons for the Detroit Lions and cemented his place as one of the greatest running backs of all time. Well, on Father's Day last year, Sanders suffered a heart attack and now he is opening up about his life-changing experience.In a new documentary by Amgen called The Making of a Heart Attack, here's a sneak peek. For me, it wasn't like a real strong pain. It was just like persistent like right in the middle.And that ...
Ligand Partner Pelthos Therapeutics Launches ZELSUVMI™
Globenewswire· 2025-07-10 12:00
Core Insights - Ligand Pharmaceuticals' partner Pelthos Therapeutics has launched ZELSUVMI™, the first FDA-approved at-home treatment for molluscum contagiosum, leading to a $5 million milestone payment for Ligand [1][2] Company Overview - Ligand Pharmaceuticals is a biopharmaceutical company focused on supporting the clinical development of high-value medicines through financing and licensing technologies [4] - The company aims to create a diversified portfolio of biotech and pharmaceutical revenue streams while maintaining a low corporate cost structure [4] - Ligand partners with leading pharmaceutical companies to leverage their expertise in late-stage development, regulatory management, and commercialization [4] Product Details - ZELSUVMI™ (berdazimer) is a nitric oxide-releasing topical gel indicated for treating molluscum contagiosum in patients aged one year and older [3] - It is the first and only approved topical prescription medication that can be applied at home, outside of a medical setting [3] - The product was developed using Ligand's proprietary NITRICIL™ technology platform [3] Financial Aspects - Following the merger between Pelthos Therapeutics and Channel Therapeutics, Ligand now owns 56% of Pelthos [2] - Ligand is entitled to a 13% royalty on worldwide sales of ZELSUVMI and can earn up to an additional $5 million in commercial sales milestones [2]