← The 100 companies
🧬
Health · #43 of 100

Amgen

Makes medicines using biotechnology, which means with the help of living cells.

📖 Its story

In 1980, a group of scientists and investors started a company in California called Applied Molecular Genetics. Its first leader was George Rathmann. Using genetics, they created medicines that help the blood of sick people.

💵 How it makes money

It sells biotech medicines for illnesses like cancer, bone problems and heart problems.

🤯 Fun fact

Its name comes from 'Applied Molecular Genetics': AM + GEN.

👍 The good part

It was a pioneer in biotechnology, and its medicines help millions of patients.

⚠️ The risk

When its patents run out, other companies can make similar, cheaper versions.

🧠 Did you get it?

Where does the name Amgen come from?

Its stock
AMGN
on the Nasdaq stock exchange
$460.28
▼ 3.80% today
▲ 40.63% this year
In the game: 460.28 Monis per share (1 Moni = 1 dollar).
Price as of November 5 at 6:49 PM ET, delayed.

🗂️ Quick facts

  • Founded in: 1980
  • Founded by: George Rathmann together with a group of investors and scientists
  • Home: Thousand Oaks, California, USA

🔎 How to find it on the stock market

  1. Search the internet for AMGN stock.
  2. You can also find it in your parents' investing app with the letters AMGN.
  3. Check how much one share costs and whether today it's green (went up) or red (went down).

🎮 Buy it in the game

Soon you'll be able to invest your Monis in Amgen. Ask your mom or dad to join the list.

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