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Amgen’s Future Looks Brighter After Ruling Lifts Threat Of Enbrel Copycat

Executive Summary

Markets are re-assessing Amgen’s long-term value after a US judge upheld two patents relating to Amgen's blockbuster rheumatoid arthritis drug Enbrel, denying a challenge by Novartis and allowing investors to focus now on the pharma’s promising pipeline.

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