Amgen Recognized for Best Pipeline and Best New Drug at Scrip Awards
November 23 2009 - 2:05PM
PR Newswire (US)
THOUSAND OAKS, Calif., Nov. 23 /PRNewswire-FirstCall/ -- Amgen
(NASDAQ: AMGN) was honored with two 2009 Scrip Awards, winning for
Best Overall Pipeline and for Best New Drug for Nplate®
(romiplostim), at a Nov. 18 ceremony in London. The Best Overall
Pipeline award was presented to Amgen by Scrip in recognition of
the size, quality, novelty and market potential of the company's
pipeline, as well as its mix of candidates across development
stages. According to the judges, Amgen's pipeline is notable for
its focus on unmet clinical need. "We are very pleased to be
honored by our industry peers with these two awards," said Roger M.
Perlmutter, M.D., Ph.D., executive vice president of Research and
Development at Amgen. "Over the past decade, we have worked very
hard to develop a robust pipeline that focuses on novel
therapeutics to treat serious illnesses." With more than 50
molecules in development, the majority of which target pathways
that have not previously been addressed in humans, Amgen's pipeline
includes potential new treatments for various cancers, asthma,
diabetes, cardiovascular disease and many other life-threatening
conditions. One of the most promising candidates in Amgen's
pipeline, denosumab, is an in-house discovery that reflects a novel
approach to treating bone loss and destruction. Amgen has filed for
regulatory approval of denosumab in postmenopausal osteoporosis
(PMO) and bone loss due to hormone ablation in breast and prostate
cancer patients in the United States (U.S.), Europe, Switzerland,
Canada and Australia. More information on Amgen's pipeline can be
found at http://www.amgen.com/. Nplate won the Best New Drug honor
because of its novel mode of action and its focus on an unmet
medical need. Nplate is indicated for the treatment of
thrombocytopenia in patients with chronic immune thrombocytopenic
purpura (ITP), under specific conditions that are further described
below. Chronic ITP is a serious autoimmune disorder characterized
by low platelet counts in the blood (thrombocytopenia), which can
lead to serious bleeding events. Nplate is the first platelet
producer approved in both the U.S. and European Union (EU), and
works by raising and sustaining platelet counts, representing a
unique approach for the long-term treatment of this chronic
disease. The annual Scrip Awards are independently judged by a
panel of senior industry experts and are given to biotechnology and
pharmaceutical companies for their contribution to the improvement
of health care. Amgen was one of the biggest winners among the
dozen companies honored at the 2009 awards event for "outstanding
achievements in the field of drug development," according to
Scrip's press release. For more information, visit the Scrip
website. About Nplate Nplate was the first platelet producer
approved in the EU, Canada, Australia, Russia and the U.S. for
chronic ITP. Nplate also has received orphan designation for
chronic ITP in the U.S. (2003), the EU (2005), Switzerland (2005)
and Japan (2006). Nplate is the first treatment specifically
developed for chronic ITP. It is also being investigated for
potential use in pediatric ITP, myelodysplastic syndromes (MDS) and
chemotherapy-induced thrombocytopenia (CIT). In the U.S., Nplate is
indicated for the treatment of thrombocytopenia in patients with
chronic ITP who have had an insufficient response to
corticosteroids, immunoglobulins or splenectomy. Nplate should be
used only in patients with ITP whose degree of thrombocytopenia and
clinical condition increases the risk for bleeding. Nplate should
not be used in an attempt to normalize platelet counts. In Europe,
Nplate is indicated for the treatment of splenectomised adult
chronic ITP patients who are refractory to other treatments (e.g.
corticosteroids, immunoglobulins). Nplate may be considered as a
second-line treatment for adult non-splenectomised ITP patients for
whom surgery is contra-indicated. Important U.S. Nplate Safety
Information Serious adverse reactions associated with Nplate in
clinical studies were bone marrow reticulin deposition and
worsening thrombocytopenia after Nplate discontinuation. Additional
risks include bone marrow fibrosis, thrombotic/thromboembolic
complications, lack or loss of response to Nplate, and
hematological malignancies and progression of malignancy in
patients with a pre-existing hematological malignancy or MDS.
Nplate is not indicated for the treatment of thrombocytopenia due
to MDS or any cause of thrombocytopenia other than chronic ITP.
CBCs, including platelet counts and peripheral blood smears, should
be monitored prior to initiation, throughout, and following
discontinuation of Nplate therapy. Nplate is available only through
a restricted distribution program called Nplate® NEXUS (Network of
Experts Understanding and Supporting Nplate and Patients) Program.
In the placebo-controlled studies, headache was the most commonly
reported adverse drug reaction. Important EU Nplate Safety
Information The most common side effects are headache, fatigue,
arthralgia, myalgia, injection site bruising, injection site pain,
peripheral oedema, dizziness, muscle spasms, nausea, contusion,
diarrhea, bone marrow disorder, influenza like illness, insomnia
and pruritus. Reoccurrence of thrombocytopenia and bleeding after
cessation of treatment and increased bone marrow reticulin have
been associated with romiplostim treatment in the clinical trials.
Thrombotic/thromboembolic complications, progression of existing
hematopoietic malignancies or MDS, and effects on red and white
blood cells are all potential risks associated with romiplostim
treatment. As with all therapeutic proteins, patients may develop
antibodies to the therapeutic protein. About Denosumab In February
2009, the U.S. Food and Drug Administration (FDA) accepted the
Biologic License Applications (BLA), submitted by Amgen for
Prolia(TM) (denosumab) for the treatment and prevention of
osteoporosis in postmenopausal women and treatment and prevention
of bone loss in women and men receiving hormone therapy for either
breast cancer or prostate cancer. On October 2009, the FDA issued
Complete Response Letters for the BLA application for denosumab
requesting additional information needed to complete the review of
the applications for approval, including updated safety data. The
FDA also requested a new clinical program to support approval of
denosumab for the prevention of PMO and additional adequate and
well-controlled clinical trials demonstrating the denosumab has no
detrimental effects on either time-to disease progression or
overall survival for cancer treatment-induced bone loss (in breast
cancer and prostate cancer patients). Denosumab is the first fully
human monoclonal antibody in late stage clinical development that
specifically targets RANK Ligand, an essential regulator of
osteoclasts (the cells that break down bone). Denosumab is being
investigated for its potential to inhibit all stages of osteoclast
activity through a targeted mechanism. It is being studied in a
range of other bone loss conditions including rheumatoid arthritis,
and cancer treatment-induced bone loss (in breast cancer and
prostate cancer patients), as well as for its potential to delay
bone metastases and inhibit and treat bone destruction across many
stages of cancer. About Amgen Amgen discovers, develops,
manufactures and delivers innovative human therapeutics. A
biotechnology pioneer since 1980, Amgen was one of the first
companies to realize the new science's promise by bringing safe and
effective medicines from lab, to manufacturing plant, to patient.
Amgen therapeutics have changed the practice of medicine, helping
millions of people around the world in the fight against cancer,
kidney disease, rheumatoid arthritis, and other serious illnesses.
With a deep and broad pipeline of potential new medicines, Amgen
remains committed to advancing science to dramatically improve
people's lives. To learn more about our pioneering science and our
vital medicines, visit http://www.amgen.com/. Forward-Looking
Statements This news release contains forward-looking statements
that involve significant risks and uncertainties, including those
discussed below and others that can be found in our Form 10-K for
the year ended December 31, 2008, and in our periodic reports on
Form 10-Q and Form 8-K. Amgen is providing this information as of
the date of this news release and does not undertake any obligation
to update any forward-looking statements contained in this document
as a result of new information, future events or otherwise. No
forward-looking statement can be guaranteed and actual results may
differ materially from those we project. The Company's results may
be affected by our ability to successfully market both new and
existing products domestically and internationally, clinical and
regulatory developments (domestic or foreign) involving current and
future products, sales growth of recently launched products,
competition from other products (domestic or foreign), difficulties
or delays in manufacturing our products. In addition, sales of our
products are affected by reimbursement policies imposed by
third-party payors, including governments, private insurance plans
and managed care providers and may be affected by regulatory,
clinical and guideline developments and domestic and international
trends toward managed care and healthcare cost containment as well
as U.S. legislation affecting pharmaceutical pricing and
reimbursement. Government and others' regulations and reimbursement
policies may affect the development, usage and pricing of our
products. Furthermore, our research, testing, pricing, marketing
and other operations are subject to extensive regulation by
domestic and foreign government regulatory authorities. We or
others could identify safety, side effects or manufacturing
problems with our products after they are on the market. Our
business may be impacted by government investigations, litigation
and products liability claims. Further, while we routinely obtain
patents for our products and technology, the protection offered by
our patents and patent applications may be challenged, invalidated
or circumvented by our competitors. We depend on third parties for
a significant portion of our manufacturing capacity for the supply
of certain of our current and future products and limits on supply
may constrain sales of certain of our current products and product
candidate development. In addition, we compete with other companies
with respect to some of our marketed products as well as for the
discovery and development of new products. Discovery or
identification of new product candidates cannot be guaranteed and
movement from concept to product is uncertain; consequently, there
can be no guarantee that any particular product candidate will be
successful and become a commercial product. Further, some raw
materials, medical devices and component parts for our products are
supplied by sole third-party suppliers. CONTACT: Amgen, Thousand
Oaks Mary Klem: (805) 447-6979 (media) John Shutter: (805) 447-1060
(investors) (Logo:
http://www.newscom.com/cgi-bin/prnh/20081015/AMGENLOGO)
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http://photoarchive.ap.org/ DATASOURCE: Amgen CONTACT: media, Mary
Klem, +1-805-447-6979, or investors, John Shutter, +1-805-447-1060,
both of Amgen, Thousand Oaks Web Site: http://www.amgen.com/
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