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ALMS Surges as Envudeucitinib Meets Goals in Plaque Psoriasis Studies
ZACKS· 2026-01-07 17:56
Key Takeaways ALMS surged 95.3% after envudeucitinib met all endpoints in two phase III plaque psoriasis studies.Envudeucitinib delivered strong PASI and sPGA skin clearance results in moderate-to-severe plaque psoriasis.ALMS plans to submit an NDA to the FDA for envudeucitinib in plaque psoriasis in 2H 2026.Shares of Alumis (ALMS) surged 95.3% on Jan. 6, after the company announced positive top-line data from its two phase III studies — ONWARD1 and ONWARD2 — which evaluated its pipeline candidate, envudeuc ...
Alumis Skin Drug Shows Clear Benefits In Late Trials, Stock Soars
Benzinga· 2026-01-06 15:47
Alumis Inc. (NASDAQ:ALMS) stock is trading higher on Tuesday, with a session volume of 4.33 million compared to the average volume of 1.02 million as per data from Benzinga Pro.Alumis on Tuesday released topline results from its Phase 3 ONWARD1 and ONWARD2 clinical trials of envudeucitinib in patients with moderate-to-severe plaque psoriasis.Plaque psoriasis is the most common form of this chronic autoimmune skin condition, causing thick, red, inflamed patches (plaques) covered with silvery scales due to ra ...
AMGEN ANNOUNCES 2026 FIRST QUARTER DIVIDEND
Prnewswire· 2025-12-09 21:01
Core Points - Amgen's Board of Directors declared a dividend of $2.52 per share for Q1 2026, payable on March 6, 2026, to stockholders of record as of February 13, 2026 [1] - Amgen is a leader in biotechnology, focusing on innovative medicines for serious diseases, with a strong pipeline targeting cancer, heart disease, osteoporosis, inflammatory diseases, and rare diseases [2] - The company has received multiple accolades, including being named one of the "World's Most Innovative Companies" by Fast Company and one of "America's Best Large Employers" by Forbes [3] Company Overview - Amgen has over 40 years of experience in the biotechnology industry and continues to leverage technology and human genetic data for innovation [2] - The company is part of the Dow Jones Industrial Average and the Nasdaq-100 Index, highlighting its significance in the market [3] Contact Information - For further inquiries, Amgen's media contact is Elissa Snook at 609-251-1407, and investor contact is Casey Capparelli at 805-447-1746 [8]
AMGEN ANNOUNCES 2025 FOURTH QUARTER DIVIDEND
Prnewswire· 2025-10-31 20:01
Core Points - Amgen's Board of Directors declared a dividend of $2.38 per share for Q4 2025, payable on December 12, 2025, to stockholders of record as of November 21, 2025 [1] Company Overview - Amgen is a biotechnology company that discovers, develops, manufactures, and delivers innovative medicines for various diseases, having established the biotechnology industry over 40 years ago [2] - The company has a broad pipeline aimed at treating cancer, heart disease, osteoporosis, inflammatory diseases, and rare diseases [2] - Amgen has received recognition as one of the "World's Most Innovative Companies" by Fast Company and one of "America's Best Large Employers" by Forbes in 2024 [2] - It is part of the Dow Jones Industrial Average and the Nasdaq-100 Index, indicating its significant market capitalization and innovation [2] Financial Information - Amgen will report its third quarter 2025 financial results on November 4, 2025, after market close [6]
Regeneron Prevails over Amgen in Antitrust PCSK9 Lawsuit Protecting Biotech Innovation and Patient Access to Life-Saving Treatments
Globenewswire· 2025-05-15 18:02
Core Viewpoint - A federal court jury found Amgen liable for antitrust violations, awarding Regeneron $135.6 million in compensatory damages and $271.2 million in punitive damages due to Amgen's anticompetitive practices that hindered competition for Praluent [1][3]. Summary by Relevant Sections Antitrust Violations - Amgen was found to have violated multiple laws, including the Clayton Act and Sherman Act, by using cross-therapeutic bundled rebates to favor Repatha over Praluent, thereby preventing fair competition [1][2]. Jury Verdict and Damages - The jury awarded Regeneron a total of $406.8 million, comprising $135.6 million in compensatory damages and $271.2 million in punitive damages aimed at deterring similar future conduct [3]. Company Statements - Regeneron emphasized the importance of fair competition in the biotech industry, stating that anticompetitive tactics undermine patient access to innovative therapies and hinder medical advancements [4]. Product Information - Praluent, developed by Regeneron and Sanofi, is designed to lower LDL cholesterol levels by inhibiting PCSK9, and is approved in 60 countries [6][7]. Technology and Innovation - Regeneron's proprietary VelocImmune technology has been instrumental in developing fully human monoclonal antibodies, contributing to a significant portion of FDA-approved treatments [8][9].