Amgen: Biosimilars And Rare Disease Pipeline Crucial To Overcome Patent Cliff Concerns

Key acquisitions since 2022 increased Amgen's rare disease pipeline and footprint in the market, with the company poised to benefit from the rare disease market's 10.35% CAGR up to 2037. A growing portfolio of biosimilar products will drive double-digit sales growth in the coming decade. The immense growth potential in both its rare disease and biosimilar portfolios is essential for Amgen to offset patent cliff headwinds.