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Amgen's Obesity Prospects and Q4 Results in Focus
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Amgen's weight loss pipeline and upcoming Q4 results are being closely watched by investors. The company's plans to advance its GLP-1 receptor agonist maridebart cafraglutide and non-incretin-based oral therapy, AMG 786, are being scrutinized. Barclays highlights the potential value of Amgen's obesity prospects, which are expected to be a major focus in the upcoming results. However, some analysts have expressed doubts about the timeline for a Phase 1 readout for AMG 786. Amgen's financials, including its conservative earnings guidance and revenue expectations, are also closely monitored.
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How might the doubts about the Phase 1 readout for AMG 786 impact Amgen's stock performance?
What are the potential implications of Amgen's obesity prospects?
What factors contribute to Amgen's conservative earnings guidance and revenue expectations?
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