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As 2Q Numbers Jump

Amgen Bone-Picks GSK, But No J&J Replay in D-mab Deal

By Randy Osborne


Monday, August 3, 2009
Amgen Inc.'s rise in second-quarter earnings and the overseas deal with GlaxoSmithKline plc for denosumab sent the stock up last week, but left questions about the rest of 2009 as well as the bone-drug pipeline star, especially with regard to osteonecrosis of the jaw - a side effect that has also bedeviled (apparently to a lesser extent) competitor Zometa.

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