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Published on 4/27/2006 in the Prospect News Biotech Daily.

Amgen at neutral by Merrill

Amgen Inc. was given a neutral rating by Merrill Lynch analyst Eric Ende. The company filed its response to Roche's motion to dismiss its infringement suit, while Roche has filed its NDA for CERA. Further arguments regarding a case or controversy meeting and safe harbor issues are scheduled for May 10. Shares of the Thousand Oaks, Calif., biotechnology company were up $0.89, or 1.34%, at $67.37 on volume of 11,152,252 shares versus the three-month running average of 11,405,900 shares. (Nasdaq: AMGN)


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