Financial PerformanceLowering denosumab franchise worldwide sales by 20% due to expected biosimilar competition following the recent settlement with Sandoz.
Operational IssuesAmgen confirmed cybersecurity issues in February and March significantly impacted Otezla prescriptions.
Product PerformanceProduct sales came in about $100MM light driven by weak Enbrel, Neulasta, Nplate, Otezla, Tepezza and offset by Repatha.