Biotechnology - Genomic and Proteomics/IP Profile of Biggest for-profit companies in BGP/BGP Company Profiles - Data

Amgen

Who

• 14,000 employees
• History of acquisition (http://www.amgen.com/about/acquisitions.html):
  • 1994 - Synergen, Inc.
  • 2000 - Kinetix Pharmaceuticals, Inc.
  • 2002 - Immunex Corporation
  • 2004 - Tularik, Inc.
  • 2006 - Abgenix, Inc.
  • 2006 - Avidia, Inc.
  • 2007 - Ilypsa, Inc.
  • 2007 - Alantos Pharmaceuticals Holdings, Inc.
• Subsidiaries (http://www.fundinguniverse.com/company-histories/Amgen-Inc-Company-History.html):
  • Amgen Australia Pty Ltd.;
  • Amgen N.V.; Amgen Canada Inc.;
  • Amgen Greater China Ltd.;
  • Amgen GmbH (Germany);
  • Amgen S.A. (France);
  • Amgen S.p.A. (Italy);
  • Amgen K.K. (Japan);
  • Amgen B.V. (Netherlands);
  • Amgen-Biofarmaceutica (Portugal);
  • Amgen S.A. (Spain);
  • Amgen (Europe) AG (Switzerland);
  • Kirin-Amgen, Inc. (Switzerland);
  • Amgen Limited (U.K.);
  • Amgen Sales Corporation (West Indies).
• Unlike many biotech companies, has been consistently profitable. Net profit in 2006 was US$2.9Billion (http://www.pharmaceutical-business-review.com/companyprofile.asp?guid=8632C7AC-1633-4198-8551-BB79570C668D)
• Managed to turn itself from a drug research company into a pharmaceutical company while maintaining steady sales - extremely rare in the industry (http://www.fundinguniverse.com/company-histories/Amgen-Inc-Company-History.html)
  • Founded in 1980. By 1986 was starting to turn a profit, but did so not through drug development but through research partnerships with established pharma firms
  • 1987, develop erythropoietin (EPO), which stimulates red blood cell creation. Sold the marketing rights to Johnson&Johnson
  • Epogen proves to hugely popular - over $250m in sales in 1991 alone
  • Between 1992 and 1996, Amgen's R&D budget goes from $182 million to $663 million

What

• ten approved drugs for 15 conditions, 23 agents are being tested earlier in the approval pipeline
  • drugs include: Epogen, Aranesp, Enbrel, Kineret, Neulasta, Neupogen, Sensipar / Mimpara and Nplate

Where

• Thousand Oaks, CA

Commons-Based, Peer-Production, and Open Access News

• Amgen - marketing and R&D collaborations with (Powell pp. 72): ARRIS, Envirogen, Glycomex, Guilford, Interneuron, Regeneron, and Zynaxis. these companies develop the product that Amgen later produces and markets. Perhaps there are instances of commons-like sharing here. Further investigation needed

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