Amgen Revenue Boosted By COVID-19 Manufacturing, Flat To Down Without It

Performance Highlights Need For Near-Term Growth Drivers

The company reported $6.8bn in fourth quarter revenue, missing analyst consensus of $6.9bn even with revenue from supplying Lilly’s COVID-19 antibodies. Enbrel and Aimovig fell by double digits. 

Amgen sign in Silicon Valley, 21 September 2020
Amgen's product sales declined 1% in Q4 and were flat for the full year • Source: Alamy

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