Amgen earnings boosted by higher drug prices, lower R&D

April 21, 2015 10:19 PM

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Amgen earnings boosted by higher drug prices, lower R&D

(Reuters) - Amgen Inc reported higher first-quarter earnings on Tuesday, helped by price increases for its best-selling drugs, as well as lower spending on research and development.

Amgen shares, which rose 1.5 percent in regular trading, were up another 2.3 percent at $172.25 after hours.

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