Amgen first quarter beats Wall Street expectations - NephrologyNews.com |
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On April 22, Amgen Inc. reported first-quarter profit that beat Wall Street expectations, which the company attributed to an increase in demand, and price, for their drugs. Amgen reported that earnings per share grew 33% to $2.48. Adjusted operating income increased 32% to $2,449 million. Total revenues increased 11% to $5,033million.
First quarter 2015 product sales performance
- Neulasta(pegfilgrastim) sales increased 4% year-over-year driven primarily by price.
- NEUPOGEN (filgrastim) sales decreased 15% year-over-year driven primarily by the impact of competition in the United States.
- ENBRELsales increased 13% year-over-year driven by price.
- XGEVAsales increased 22%year-over-year driven by higher unit demand.
- Proliasales increased 39%year-over-year driven by higher unit demand.
- EPOGENsales increased 16%year-over-year due primarily to price and, to a lesser extent, higher unit demand.
- Aranesp(darbepoetin alfa) sales increased 4% year-over-year driven by higher unit demand in international markets.
- Sensipar/Mimparasales increased 24% year-over-year driven by higher unit demand, favorable changes in inventory levels, and price.
- Nplate(romiplostim) sales increased 12% year-over-year driven by higher unit demand.
- Vectibix(panitumumab) sales increased 18% year-over-year driven by higher unit demand.
- Kyprolis(carfilzomib) sales increased 59% year-over-year driven by higher unit demand.
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