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Enbrel Sales Biggest Disappointment

Amgen Profits Fall 4 Percent Amid Ailing Global Economy

By Catherine Hollingsworth

Monday, April 27, 2009
The deteriorating economy, unfavorable currency exchange rate, wholesalers cutting back inventory and U.S. patients foregoing care to save money all contributed to a 4 percent slide in first-quarter earnings at Amgen Inc., company officials said in an earnings call Thursday. (BioWorld Today)

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