Amgen and the Biotech Revolution Term Paper by Top Papers

Amgen and the Biotech Revolution
A look at the Amgen company and its place in the biotech industry.
# 141045 | 750 words | 5 sources | MLA | 2008 | US
Published on Dec 01, 2008 in Business (Companies) , Business (Industries) , Biology (Biotechnology)


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Description:

The paper relates that the Amgen company has a leading role in the biotech revolution now taking place, and it has several advantages over other companies in this field, including a longer history. The paper discusses how a biotech revolution has been predicted for some time; in 1989, Forbes predicted that biotech companies were ready to blossom in the early 1990s and were expected to produce high profits, and since that time, the only company to achieve significant success is Amgen. The paper relates that by 1992, Amgen was growing rapidly and was expanding its facilities and increasing its workforce by 50 percent per year.

From the Paper:

"The Amgen company has a leading role in the biotech revolution now taking place, and it has several advantages over other companies in this field, including a longer history. A biotech revolution has been predicted for some time. In 1989, Forbes predicted that biotech companies were ready to blossom in the early 1990s and were expected to produce high profits, and since that time, the only company to achieve significant success is Amgen. By 1992, Amgen was growing rapidly and was expanding its facilities and increasing its workforce by 50 percent per year. The company brought in a 17-person task force and a product development team of 24 to oversee the manufacture and marketing of Europe (Erdman 95-96)."

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APA Format

Amgen and the Biotech Revolution (2008, December 01) Retrieved April 02, 2020, from https://www.academon.com/term-paper/amgen-and-the-biotech-revolution-141045/

MLA Format

"Amgen and the Biotech Revolution" 01 December 2008. Web. 02 April. 2020. <https://www.academon.com/term-paper/amgen-and-the-biotech-revolution-141045/>

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