Amgen Drug Gets U.S. Approval for Fractures in Cancer
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Amgen Inc.’s osteoporosis drug denosumab was approved by U.S. regulators for reducing fractures in prostate and breast cancer patients, an indication that may boost sales to $2.4 billion in five years.
The decision yesterday by the Food and Drug Administration moves Amgen, based in Thousand Oaks, California, into the cancer market with a drug cleared in June for treating osteoporosis in older women. Denosumab will be marketed to reduce fractures and surgery in patients whose breast, prostate or other solid tumors have spread to their bones, Amgen said in a statement.