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Amgen news and information

News
Deal pace slows in August
By Modern Healthcare | September 05, 2013 | Basic Web Basic Web Subscription Details
Amgen's blockbuster $10.4 billion bid to acquire Onyx Pharmaceuticals topped Modern Healthcare's list of largest mergers and acquisitions last month. However, total deals in August fell to 70, down from 99 in July. Acquisitions in the drugs and biologics sector continued to dominate merger activity...
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Information
Amgen may buy cancer drug maker Onyx for $10.5B
By Associated Press | August 25, 2013
Biotech drugmaker Amgen is reportedly close to buying cancer drugmaker Onyx Pharmaceuticals for about $10.5 billion.
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News
Amgen releases data on doc payments
By Jaimy Lee | July 01, 2013 | Basic Web Basic Web Subscription Details
At least 10 physicians received more than $20,000 in payments and other transfers of value from biotechnology giant Amgen in the first quarter of this year, according to newly public data published by the company.
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Magazine
Already feeling the heat | Docs rethinking payments as Sunshine Act looms
By Jaimy Lee | June 29, 2013 | Print Magazine Print Magazine Subscription Details
Dr. Nogah Haramati, a radiologist based in New York, recently cancelled a meeting with a vendor—one of the many equipment manufacturers and software developers who routinely offer free dinners and lectures to ply their wares.
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News
$510M overspent on dialysis drugs: OIG | CMS plans to adjust payment schedule to reflect current treatment practices.
By Jaimy Lee | May 10, 2013 | Basic Web Basic Web Subscription Details
The CMS and Medicare beneficiaries could have saved an estimated $510 million on drugs used to treat end-stage renal disease in 2011 if the reimbursement rate more accurately reflected current usage of these drugs, according to a report from HHS' inspector general's office.
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Magazine
Primed to buy | Systems' hefty cash balances suggest imminent acquisitions spree, analysts say
By Beth Kutscher | March 30, 2013 | Print Magazine Print Magazine Subscription Details
Some of the nation's largest for-profit hospital chains are sitting on mounting cash piles, suggesting to analysts that a wave of dealmaking may be in the offing.
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Magazine
A little extra in the fiscal deal | Backroom deals are bad medicine and no way to set payment policy
By Merrill Goozner | February 02, 2013 | Print Magazine Print Magazine Subscription Details
Legislators in Washington all claim they want to hold down healthcare spending, recognizing it is the main driver of the nation's long-term deficit.
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Magazine
Savings drainer | Bundled dialysis payments targeted in latest deal
By Beth Kutscher | January 05, 2013 | Print Magazine Print Magazine Subscription Details
Less than one month after the Government Accountability Office called on the CMS to recalculate payments to dialysis providers, the fiscal cliff compromise sets in motion cuts that would squeeze out $4.9 billion in savings.
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News
$11.4 million settlement in pharma kickback case
By Beth Kutscher | December 27, 2012 | Basic Web Basic Web Subscription Details
Victory Pharma has entered into an $11.4 million settlement to resolve allegations that it used pricey trips, tickets and dinners to entice physicians to prescribe its products.
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News
Judge OKs $762 million Amgen settlement
By Jaimy Lee | December 19, 2012 | Basic Web Basic Web Subscription Details
A federal judge accepted biotechnology giant Amgen's guilty plea that it illegally marketed its anemia drug Aranesp, clearing the way for a $762 million settlement agreement.
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