Amgen Inc. will begin Phase III clinical trials for its PCSK9 antibody AMG 145 for the treatment of high cholesterol in early 2013, positioning the drug about six months behind Sanofi SA/Regeneron Pharmaceuticals Inc.’s PCSK9 antibody, so far the leader in the race to be first to market. Amgen’s management updated investors on the status of the important pipeline drug during a second quarter sales and earnings call July 26.
Few details on the program have been released thus far, but Amgen has studied the drug in approximately 1,300 patients in four Phase II studies: as a monotherapy, in combination...