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Stock Market & Financial Investment News

News Breaks
December 27, 2012
16:21 EDTAMGN, ABCAmgen gets court approval in previously announced $762M settlement with FDA
U.S. District Judge Sterling Johnson, Jr. accepted a guilty plea by Amgen (AMGN) for illegally introducing a misbranded drug into interstate commerce, and approved Amgen’s global settlement with the United States in which Amgen agreed to pay $762M to resolve criminal and civil liability arising from its sale and promotion of certain drugs. Under the terms of the criminal plea agreement, Amgen will pay a criminal fine of $136M and criminal forfeiture in the amount of $14M. As part of the civil settlement, Amgen has agreed to pay $612M, of which $587.2M is to the United States and $24.8M to the states, to resolve claims that it caused false claims to be submitted to Medicare, Medicaid and other government insurance programs. In a separate civil settlement, International Nephrology Network, renamed Integrated Nephrology Network, a subsidiary of AmerisourceBergen Corporation (ABC), has also agreed to pay $15M to resolve civil liability arising from its role in the marketing of Aranesp. Reference Link
News For AMGN;ABC From The Last 14 Days
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October 1, 2014
19:08 EDTAMGNAmgen announces publication of phase 3 studies, RUTHERFORD-2, TESLA
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16:04 EDTAMGNAmgen to present present several studies related to brodalumab, Enbrel, ABP 501
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07:39 EDTAMGNAmgen reinstated with a Neutral at BofA/Merrill
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September 30, 2014
13:01 EDTABCIBM extends multiyear service agreement with AmerisourceBergen
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07:30 EDTAMGNSachs Associates to hold a conference
14th Annual Biotech in Europe Forum for Global Partnering and Investment to be held in Basel, Switzerland on September 30-October 1.
September 29, 2014
07:26 EDTAMGNInforma Business Information to hold a conference
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September 25, 2014
08:59 EDTAMGNSummer Street chief scientific officer holds an analyst/industry conference call
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08:11 EDTAMGNAmgen to host conference call
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September 22, 2014
09:02 EDTAMGNAmgen submits BLA to the FDA for immunotherapy blinatumomab
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September 17, 2014
08:03 EDTAMGNAmgen price target raised to $151 from $143 at Morgan Stanley
Morgan Stanley raised Amgen's price target to $151 based on increased brodalumab and AMG 416 expectations. Shares are Overweight rated.
07:43 EDTABCBofA/Merrill to hold a conference
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