On June 4, Amgen rose 3.01% in regular trading, trading at $346.7/share, with trading volume of $106 million.
On the news front, the European Commission officially approved Amgen's Imdylltra® for the treatment of extensive-stage small cell lung cancer (ES-SCLC), providing patients with a new therapeutic option. The approval further expands Amgen's commercialization footprint in the oncology space and is expected to contribute a new revenue growth driver for the company, boosting market sentiment.
Within the Biotechnology sector where Amgen belongs, stocks showed broadly positive performance. Among individual stocks, Abivax S.A. up 7.81%, Vertex Pharmaceuticals up 3.44%, AbbVie up 2.11%, Regeneron Pharmaceuticals up 1.0%, Gilead Sciences up 0.66%.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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