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Published on 9/14/2005 in the Prospect News Biotech Daily.

Amgen kept by Bear Stearns at peer perform

Amgen Inc. was maintained by Bear Stearns analyst Mark Schoenebaum at a peer perform rating following a meeting with management. Bear Stearns came away with several incremental data points related to timing for data releases on Panitumumab and AMG-108, dialysis market dynamics and financial expectations for the second half of 2005. Amgen shares Wednesday were down $0.40, or 0.48%, at $82.37 on volume of 5,973,742 shares versus the three-month running average of 9,753,560 shares.


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