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Amylin was formed in September 1987 to develop further the amylin research of the Oxford scientists.
Amylin received its first milestone payment in August 1996, when, after reviewing data of pramlintide's development, Johnson & Johnson agreed to give Amylin $22 million and to continue with the collaboration.
The financial community took a giant step back from Amylin, causing its stock value to plummet to $.68 per share by October 1998.
In 1999, intrigued by the announcement of positive results on clinical trials of SYMLIN, the financial community renewed its interest in Amylin.
The deathblow of a drug developer had been delivered, but in October 2001, three months after EMDAC's ruling, a stunning announcement offered a lifeline.
The deal sparked new excitement in the financial community. "The fact that Joe (Cook) got a profit-sharing deal out of Eli Lilly as opposed to a royalty-based deal makes the terms much more generous for Amylin," an analyst remarked in an April 7, 2003 interview with San Diego Business Journal.
2003: Ginger Graham is appointed president and chief executive officer.
"Amylin Pharmaceuticals, Inc. ." International Directory of Company Histories. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/books/politics-and-business-magazines/amylin-pharmaceuticals-inc
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Amgen | 1980 | $33.4B | 22,000 | 535 |
| Regeneron | 1988 | $14.2B | 9,123 | 342 |
| Johnson & Johnson | 1886 | $88.8B | 134,500 | 1,716 |
| Seagen | 1997 | $2.0B | 900 | - |
| Merck | 1891 | $64.2B | 74,000 | 1,429 |
| Ariad Pharmaceuticals | 1991 | $118.8M | 380 | - |
| Human Genome Sciences | 1992 | $131.0M | 1,000 | - |
| Zoetis | 1952 | $9.3B | 11,300 | 211 |
| Gilead Sciences | 1987 | $28.8B | 11,800 | 706 |
| Baxter International | 1931 | $10.6B | 48,000 | 192 |
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Amylin Pharmaceuticals may also be known as or be related to Amylin Pharmaceuticals, Amylin Pharmaceuticals Inc., Amylin Pharmaceuticals LLC, Amylin Pharmaceuticals, Inc. and Amylin Pharmaceuticals, LLC.