This breaking news is excerpted from an article by Val Brickates Kennedy, MarketWatch, last updated 10:20 AM ET Oct 19, 2009
"The Food and Drug Administration has declined to approve its (Amgen's) new osteoporosis drug denosumab, or Prolia, until the company provides more supporting information for its application."
"Amgen said early Monday that the FDA has informed the biotech firm that it will need more supporting information before it can approve Prolia for the treatment of post-menopausal osteoporosis. Amgen added that the agency is not, however, requiring the company to run any additional clinical trials."
"The company also said it expects to receive a separate response from the FDA regarding its application to market Prolia for the prevention of bone loss in certain breast- and prostate-cancer patients."
"Many investors and analysts have viewed Prolia's approval as key to Amgen's future growth."





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