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Company: Amgen (AMGN)
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93%
agree
15 votes

  Denosumab is a breakthrough in a large osteoperosis market

Amgen's Denosumab is a breakthrough drug in a large ($7B+) and growing market - osteoperosis. Its once-every-six-month formulation will help solve the compliance problems in the osteoporosis market and save insurance companies money because they will have to pay for fewer costly hip fractures.

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100%
agree
4 votes

  Amgen's longer-acting Aranesp has been steadily taking market share

Amgen's longer-acting Aranesp has been steadily taking market share away from Johnson and Johnson's Procrit, and there are greater inroads on the horizon.

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83%
agree
6 votes

  Amgen is cheap

Amgen is cheap - a stock price in the fifties corresponds to a foward P/E ratio of around 12, meaning that a lot of the risks to this stock are already priced in.

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