Added to YB: 2025-05-27
Pitch date: 2025-05-25
AMGN [neutral]
Amgen Inc.
+17.87%
current return
Author Info
Business Model Mastery is a daily, easily digestible guide to mastering how businesses work. Build a mental database of companies, compare opportunities, and quickly assess business models with confidence—gaining an edge over other market participants. Sign up for the newsletter.
Company Info
Amgen Inc. discovers, develops, manufactures, and delivers human therapeutics worldwide. The company’s principal products include Enbrel for the treatment of rheumatoid arthritis, plaque psoriasis, and psoriatic arthritis; Otezla for the treatment of adult patients with plaque psoriasis, psoriatic arthritis, and oral ulcers associated with Behçet’s disease; Prolia to treat postmenopausal women with osteoporosis; XGEVA for skeletal-related events prevention; Repatha, which reduces the risks of myocardial infarction, stroke, and coronary revascularization; Nplate for the treatment of patients with immune thrombocytopenia; KYPROLIS to treat patients with relapsed or refractory multiple myeloma; Aranesp to treat a lower-than-normal number of red blood cells and anemia; EVENITY for the treatment of osteoporosis in postmenopausal for men and women; Vectibix to treat patients with wild-type RAS metastatic colorectal cancer; BLINCYTO for the treatment of patients with acute lymphoblastic leukemia; TEPEZZA to treat thyroid eye disease; and KRYSTEXXA for the treatment of chronic refractory gout.
Market Cap
$173.0B
Pitch Price
$269.57
Price Target
N/A
Dividend
2.96%
EV/EBITDA
13.07
P/E
24.84
EV/Sales
6.06
Sector
Biotechnology
Category
growth
Inside Amgen: How 30+ Patents Per Drug Create an Unbreakable Moat in High-Stakes Biologics
AMGN (overview): Diversified portfolio (25+ drugs, none >50% of rev), led by Prolia/XGEVA (19%), ENBREL (13.5%). Key drugs patent-protected thru 2033. Proprietary biomanufacturing w/ lower costs. Dual strategy: defends branded drugs while launching biosimilars. Pipeline led by MariTide (20% weight loss) & UPLIZNA (87% flare reduction in IgG4-RD).
Read full article (5 min)