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amgen stock drops as analysts debate weight loss drug safety concerns

Amgen's stock dropped over 7% as analysts evaluated bone density loss data from an early trial of its weight loss drug, MariTide. While some analysts raised concerns about potential safety risks linked to higher doses, others deemed the market reaction an overreaction, emphasizing the need for more extensive data from upcoming phase two trials.
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United States Dollar Novo Nordisk A/S Eli Lilly and Company Bank of Montreal Jefferies Financial Group Inc. Amgen Inc. USA Olivia Brayer Evan Seigerman Michael Yee Show more
Healthcare, Market Report
22:53 12.11.2024
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