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U.S. product sales were flat at $2.9 billion in the quarter and included a $65 million unfavorable impact due to U.S. health care reform.
January 25, 2011
By: Tim Wright
Editor-in-Chief, Contract Pharma
Amgen 4Q Revenues: $3.8 billion (+1%) 4Q Earnings: $1.0 billion (+10%) FY Revenues: $15.1 billion (+3%) FY Earnings: $4.6 billion (flat) Comments: U.S. product sales were flat at $2.9 billion in the quarter and included a $65 million unfavorable impact due to U.S. health care reform. International product sales were up 3% to $891 million. Total product sales included a $26 million negative impact of foreign exchange. For the year, U.S. product sales increased 1% to $11.3 billion a...
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