240 likes | 383 Views
Presentation By: Anthony Soriano Hsiang-En Chou Xiao Pu Rafael Mora Ivy Yeung. About Amgen. Established company founded in Delaware in 1980. Employs over 17,800 people. One of the World's largest Biotech Companies. They market 5 of the world's best selling drugs. . Mission :
E N D
Presentation By: Anthony Soriano Hsiang-En Chou Xiao Pu Rafael Mora Ivy Yeung
About Amgen • Established company founded in Delaware in 1980. • Employs over 17,800 people. • One of the World's largest Biotech Companies. • They market 5 of the world's best selling drugs.
Mission: • To Serve Patients Values: • Compete Intensely and Win • Create Value for Patients, Staff and Stockholders • Be Ethical • Trust and Respect Each Other • Work in Teams
Locations • Thousand Oaks,CA (Headquarter) • 12 branches in U.S. • 35 branches in Europe • 3 branches in Asia • 2 branches in Canada • 2 branches in Australia • 1 branches in Mexico • 1 branches in South America
Leadership • EVP, Operations • Since 1997, held roles as vice president, Information Management, and director, Engineering Operations Services MadhavanBalachandran Robert A. Bradway • Chairman and CEO • EVP and chief financial officer 2007 – 2010 • President and chief operating officer current Jonathan M. Peacock • EVP and CFO • Joined Amgen as chief financial officer in September 2010
Products • Aranesp • Aranesp is used to treat anemia (a lack of red blood cells in the body). • Enbrel • Enbrel is used to treat the symptoms of rheumatoid arthritis, psoriatic arthritis, or ankylosing spondylitis, and to prevent joint damage caused by these conditions. • EPOGEN • Epogen is used to treat anemia (a lack of red blood cells in the body) in patients with chronic kidney disease. • Video
Subsidiaries • 1994 - Synergen, Inc. • 2000 - KinetixPharmaceuticals, Inc. • 2002 - ImmunexCorporation • 2004 - Tularik, Inc. • 2006 - Abgenix, Inc. • 2006 - Avidia, Inc. • 2007 - Ilypsa, Inc. • 2007 - AlantosPharmaceuticals Holdings, Inc. • 2011 - BioVexGroup, Inc. • 2011 - Laboratório Químico Farmacêutico Bergamo Ltda. • 2012 - Micromet, Inc. • 2012 - Mustafa Nevzatİlaç • 2012 - KAI Pharmaceuticals • 2012 - deCodeGenetics
Accomplishment rankings • With $15,582 Million in Revenues, almost double the revenues of Gilead • S&P: A+ therefore we don't default on our debt and we are low-risk
Market ratios • Increasing P/E Ratio means the public is realizing the value of this stock.
Liquidity Ratios • Excellent short term liquidity • Higher than most companies
Activity Ratios • Biotech companies naturally have longer period to sell drug.
Solvency Ratios • Company is taking out more debt to finance expansion • Plan to enter emerging markets across the world
Profitability Ratios • Low operation costs for producing pill created huge gross profit margin. • Revenue much higher than COGS
Future Development Longer-term growth may also be achieved by: • Expansion into emerging markets including Japan • Acquisition of BioVex, Bergamo and Micromet • Successful development of the later stage pipeline • Focus on increasing cost efficiencies • Significant savings after expiration of the ENBREL co-promotion agreement with Pfizer in the fourth quarter of 2013
Future Challenges • Increasing competitive pressure, due to biosimilars • Expiration of patents in the coming years • Regulatory and reimbursement challenges • Macroeconomic conditions
Mergers and Acquisitions • June 2012, acquired Turkish Pharmaceutical company MustadaNevzat • Acquired Immunuxmainly for its popular drug Enbrel which in 2011 generated $3.7 billion in revenue • Patent extended to 2028 • Signed long-term supply deal with leading dialysis provider DaVita in 2011 • In, 2012, Warrant Buffet invested 1.2 billion in DaVita
SWOT Analysis • Strengths: Barriers to entry & Inelastic Demand • Weaknesses: FDA Approval • Opportunities: Emerging Markets • Threats: Failure to realize benefits
Equity Incentive Plan • Provide Bonus Opportunities • Recently, company issued over 357 million stock-options • Life insurance equal to twice your base pay • 401K Retirement Plan
Health and Benefits • Competitive health insurance • On-Site fitness center as well as healthy living classes. • Vacation time of at least 17 PAID holidays annually • Tuition reimbursement