AMG

Affiliated Managers Group Considers Selling Stake in Comvest Partners

8 hours ago

In a significant development within the financial sector, Affiliated Managers Group (AMG) is reportedly contemplating the sale of its stake in Comvest Partners, a private equity firm. This potential move reflects the ongoing dynamics in the asset management industry and could lead to noteworthy changes in the landscape of investment management.

Amgen Advances Toward Obesity Treatment Breakthrough with Final Stage Studies

10 days ago

In a significant move within the pharmaceutical industry, Amgen has initiated the final phase of clinical trials for its innovative obesity drug, which is set to be administered on a monthly basis. This development marks a crucial step forward in the company's efforts to penetrate the lucrative obesity treatment market, an area that has seen increased focus due to the alarming rise in obesity rates globally.

Amgen Reports Strong Growth Projections, But Faces Setback With Obesity Drug

1 month ago

In a recent announcement, Amgen, one of the prominent players in the biopharmaceutical industry, revealed its optimistic outlook for future growth, surpassing the expectations set by analysts. The company attributes this positive trajectory largely to its diverse portfolio of drugs aimed at various health conditions. However, amidst this encouraging news, Amgen is simultaneously confronting a significant challenge: the ongoing pauses in the development of its obesity drug, which has created a cloud of uncertainty over its market potential.

Poland's Central Bank Keeps Interest Rates Steady Amid Shifting Economic Landscape

2 months ago

In a recent decision announced on January 16, 2025, Poland’s central bank opted to keep its key interest rate unchanged at 6.75%. This announcement follows a series of shifts in the economic forecasting within the country, particularly coming on the heels of a more hawkish stance adopted by the bank's Governor, Adam Glapiński. The decision to maintain the current interest rate highlights the ongoing challenges and complexities facing Poland's economy.

Polish Central Bank Maintains Steady Interest Rates After Governor's Hawkish Shift

2 months ago

In a pivotal decision, the Polish central bank has opted to hold interest rates steady at its latest meeting, signaling a cautious approach amidst evolving economic conditions. This development comes after the recent hawkish rhetoric from the bank's governor, Adam Glapiński, who has indicated a more aggressive stance on inflation control.

Breakthrough Weight Loss Treatment: Amgen's Latest Drug Leads to 20% Reduction in Body Weight in New Study

4 months ago

In a groundbreaking development in the field of obesity treatment, a recent study has demonstrated that an experimental drug from Amgen has the potential to help patients lose up to 20% of their body weight over the course of a year. This remarkable achievement could significantly change the landscape for obesity management, offering hope to millions of individuals struggling with weight-related health issues.

Amgen Reports Stronger-Than-Expected Profit Amid Lower Costs

5 months ago

Biotechnology giant Amgen has recently announced robust quarterly earnings that exceeded analysts' expectations, primarily driven by lower-than-anticipated production costs. The company's financial performance showcases its ability to navigate through challenging economic conditions while maintaining profitability.