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Amgen has right prescription for sales of blockbuster drugs. (Up Front).

Publication: Los Angeles Business Journal
Publication Date: 28-APR-03
Format: Online - approximately 726 words
Delivery: Immediate Online Access

Article Excerpt
At the Seattle Cancer Care Alliance, which treats 3,000 patients a year, almost every desk has a pen from Amgen Inc. touting its anemia treatment Aranesp.

"You can tell how hard a company is pushing a drug by the number of pens," said staff member Nancy Cherry, a clinical pharmacist. "There's been very significant pressure from Amgen."

Thousand Oaks-based Amgen, the world's biggest biotechnology company, last week cited Aranesp as one reason for a jump in first-quarter net income to $493 million, compared with $341 million for the like period a year ago. Revenues rose 75 percent, to $1.76 billion.

Chief Executive Kevin Sharer is counting on the...

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