Amgen's rocatinlimab outperforms placebo in atopic dermatitis trial, yet its stock falls over competitiveness concerns.

Amgen's Phase 3 trial results for rocatinlimab, a treatment for atopic dermatitis, showed it outperformed a placebo, with 32.8% of participants achieving significant symptom improvement. Despite this, Amgen's stock fell by 2.09% as analysts raised concerns about its competitiveness against existing treatments like Dupixent. Additionally, Amgen's Uplizna for myasthenia gravis demonstrated promising results, highlighting potential in autoimmune therapies.

September 25, 2024
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