Amgen Provides Ambitious Update On Biosimilars Business

CEO Says Company Expects To Double Biosimilar Revenues To Around $4bn By 2030

Amgen CEO Robert Bradway has delivered confident predictions for the company’s biosimilars business at the J.P. Morgan Healthcare Conference, with a steady flow of launches expected to give the company’s earnings a significant boost over the coming years.

Amgen offices at Cambridge Science Park
Amgen has restated its ambitions to double the value of its biosimilars business by 2030 • Source: Alamy

Amgen, Inc. has provided an update on its biosimilars business during a management discussion at the 40th annual J.P. Morgan Healthcare Conference, anticipating “a steady flow of launches that should enable us to grow that business as well through the end of the decade.”

More from Biosimilars

Despite Multiple Headwinds, Formycon Remains Positive For Its Biosimilars Growth

 

Partnering opportunities, paused marketing, approvals, litigations, and many more. Formycon sets out the agenda for 2025, after seeing a bumpy start to the year.

Medicines For Europe Sets Out Vision For Biosimilars Reforms

 
• By 

Four key areas for policy reform were identified by industry association Medicines for Europe at its biosimilars conference in early April, as sector chair Isabell Remus set out the importance of removing barriers to biosimilar competition.

Samsung Rolls Out Second US Soliris Biosimilar – At 30% WAC Discount

 
• By 

Samsung Bioepis and Teva have provided clarity on the pricing of their Epysqli biosimilar to Soliris in the US, as the firms launched only the second rival to the rare diseases treatment.

Biosimilars Industry Buoyed By EMA Paper On Reducing Clinical Trials

 
• By 

The EMA’s latest move towards a more streamlined process for biosimilar registration in Europe was the hottest topic at last week’s annual biosimilars conference held by Medicines for Europe in Amsterdam. Generics Bulletin discusses the new draft reflection paper and its significance for industry, reports on reactions from the event, and reveals the next steps unveiled by EMA officials.

More from Products

Biosimilars Industry Buoyed By EMA Paper On Reducing Clinical Trials

 
• By 

The EMA’s latest move towards a more streamlined process for biosimilar registration in Europe was the hottest topic at last week’s annual biosimilars conference held by Medicines for Europe in Amsterdam. Generics Bulletin discusses the new draft reflection paper and its significance for industry, reports on reactions from the event, and reveals the next steps unveiled by EMA officials.

Meitheal Adds To US Liraglutide List As It Looks To Ease Shortage Concerns

 
• By 

Meitheal Pharmaceuticals said that its generic version of the GLP-1 agonist Victoza would be one of 22 planned launches during 2025, as the firm continues to build out its portfolio with the aid of its parent, Hong Kong King-Friend Industrial.

Glenmark Dodges UK Dapagliflozin Injunction Ahead Of Patent Trial Decision

 
• By 

A UK High Court justice came down on the side of Glenmark in AstraZeneca’s bid to enjoin the firm from launching a generic version of its Forxiga blockbuster before judgment is delivered in the firms’ patent-litigation clash.