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AMGN
Benzinga
56 days

Analyst Views Mixed As Amgen's Weight Loss/Diabetes Drug MariTide Shows Promise But Has Dose Issues

1. AMGN's MariTide shows up to 20% weight loss in obesity without T2D. 2. No new safety signals identified; tolerability aligns with GLP-1 class. 3. Phase 3 MARITIME program initiated to explore chronic weight management. 4. Weight loss accompanied by reductions in cardiovascular risk factors. 5. Analysts express caution on weight loss estimates vs. expectations.

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FAQ

Why Bullish?

The demonstration of significant weight loss in Phase 2 could boost AMGN’s market position. Historically, successful obesity treatments have significantly improved stocks in similar scenarios.

How important is it?

The phase 2 results present a strong case for MariTide’s market potential, affecting AMGN's growth trajectory. This positions AMGN favorably against competitors.

Why Long Term?

Phase 3 trials could take time to yield results. Positive outcomes may enhance long-term investor confidence in AMGN’s pipeline.

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