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Create Free AccountAmgen (AMGN) has announced successful topline results from its Phase 3 clinical trial evaluating a subcutaneous delivery method for Tepezza. The study, which focused on treating Thyroid Eye Disease (TED), met both its primary and key secondary endpoints. Data revealed that 77% of patients achieved a significant proptosis response, showing a reduction of more than 3 mm in eye protrusion. This new formulation is administered through an on-body injector (OBI), offering a more convenient alternative to traditional intravenous infusions. The successful trial marks a significant milestone for Amgen as it seeks to expand delivery options and improve patient adherence. While the news is positive for the company's biotech portfolio, Amgen continues to manage broader financial factors such as its debt levels.