Amgen (AMGN) Reveals Positive Phase 3 Results for Subcutaneous T

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Abstract generation in progress

Amgen has announced positive Phase 3 trial results for a subcutaneous version of Tepezza, administered via an on-body injector for Thyroid Eye Disease (TED). The new formulation showed similar efficacy to the intravenous standard, achieving a 77% proptosis response rate. Despite strong revenue growth, the company faces declining margins and a high debt-to-equity ratio, with recent insider selling noted.

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