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Amgen Inc.

Company NameAmgen Inc.
Stock SymbolAMGN

On May 22, 2017, Amgen disclosed that approval for Evenity, the Company’s osteoporosis medicine, will be delayed due to heart safety concerns. According to Amgen, a higher percentage of patients who took Evenity experienced cardiovascular side effects after a year, than those who took an older, but approved medicine. 

On this news, shares of Amgen fell over 2% on May 22, 2017.

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