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CLAIM #5874 · Amgen Inc (AMGN) · 2023Q2 earnings call · Aug 3, 2023 · due Aug 3, 2024

we are increasing investment to intensify our engagement with healthcare providers, bring our message directly to patients through direct-to-consumer media and drive urgency around LDLC testing and adherence to treatment guidelines.

Murdo Gordon · EVP Commercial

PENDING
graded after results covering Aug 3, 2024 are reported

In context

so to meet this need, I’m Amgen is committed to improving patient’s ease of access and affordability. Today we have best-in-class formulary coverage for Repatha helping 90% of eligible U.S. patients gain access to this important medicine. Improved access is enabling broad adoption of Repatha by cardiologists and increasing adoption by primary care providers. So, this has set the stage for growth for Repatha sales, which increased 30% year-over-year to a record $424 million in the second quarter. In the U.S. volume growth of 34% was driven by a record number of new patients starting treatment. Outside the U.S. we saw 37% volume growth with momentum across our regions. We recognize there are still many more patients around the world who can benefit from Repatha. And to meet that challenge, we are increasing investment to intensify our engagement with healthcare providers, bring our message directly to patients through direct-to-consumer media and drive urgency around LDLC testing and adherence to treatment guidelines. Transitioning to bone health, Prolia sales grew 11% year-over-year to a record $1 billion in second quarter driven by 11% volume growth. As Dave will discuss in more detail new real-world evidence data presented at the World Congress on Osteoporosis in May demonstrates the Prolia significantly reduces fracture risk across multiple endpoints when compared to alendronate. Our sales teams are now equipped with these data and are actively helping physicians understand the superior ability of Prolia to reduce the risk of fracture for their osteoporosis patients. EVENITY, which compliments Prolia in our bone portfolio, had record sales of $281 million for the quarter driven by strong volume growth across markets. In Japan, EVENITY had achieved a 42% share of the growing bone builder market, ste

Verify independently

SEC filings for AMGN · Claim quote is verbatim from the 2023Q2 earnings call.