Will This Stock Rule the Next Generation of Cholesterol Medicine?

Big biotech stock Amgen's (NASDAQ: AMGN  ) in no short supply of optimism for eager investors. Despite the company's so-so earnings projections going forward, it's thrived behind star drugs Enbrel and Neulasta, which have shown no signs of slowing down their blockbuster pace. That financial strength has propelled Amgen's stock to a gain of more than 34% over the past year, but the company's sturdy pipeline could be ready to deliver another dose of good news.

Amgen's developmental PCSK9 inhibitor evolocumab struck gold in a recent clinical trial, and this up-and-coming cholesterol-fighting drug's fueling high hopes of a new blockbuster to add to Amgen's drug portfolio. The cholesterol medication niche isn't a small one, however, and rival drugs from Regeneron (NASDAQ: REGN  ) and Pfizer (NYSE: PFE  ) , among others, are racing against Amgen to capture the PCSK9 crown -- and the huge opportunity that comes with it -- in the near future.

Can Amgen's evolocumab make it to the market and become investors' next big hope for this star-studded big biotech? Find out what you need to know in the video below, as Motley Fool contributor Dan Carroll takes you through this promising health-care niche -- and why Amgen and its investors are poised to score big if evolocumab can win over regulators.

Can this under-the-radar opportunity spark your portfolio's riches?
Amgen's long been a top performer in biotech, and as its investors know, there's a huge difference between a good stock and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2882940, ~/Articles/ArticleHandler.aspx, 10/23/2014 1:41:19 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement