Amgen studying Otezla for coronavirus, looking into other treatments

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(Reuters) – Amgen Inc (AMGN.O) on Thursday reported better-than-expected first-quarter results and said it plans to study psoriasis drug Otezla as a potential treatment for COVID-19, the respiratory disease caused by the new coronavirus.

FILE PHOTO: An Amgen sign is seen at the company’s office in South San Francisco, California October 21, 2013. REUTERS/Robert Galbraith/File Photo

It also maintained its earnings forecast for the year, citing continued growth in sales of new drugs despite the ongoing pandemic.

Oral drugs like Otezla have benefited from coronavirus fears that have kept patients away from rival medicines that must by administered

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Amgen studying Otezla for coronavirus, first-quarter results beat Street estimates

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FILE PHOTO: An Amgen sign is seen at the company’s office in South San Francisco, California October 21, 2013. REUTERS/Robert Galbraith/File Photo

(Reuters) – Amgen Inc (AMGN.O) on Thursday reported better-than-expected first-quarter results on Thursday and said it plans to study psoriasis drug Otezla as a potential treatment for COVID-19, the respiratory disease caused by the new coronavirus.

Otezla, which Amgen acquired last year from Celgene Corp as part of Celgene’s buyout by Bristol Myers Squibb Co (BMY.N), is a pill that helps reduce overactive inflammation. Other similar medicines are also being tested to see if

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Graduate Nurses Identity From Distance Studying Curriculum

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