Amgen 2001 Annual Report Download - page 22

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In our business, most research
projects fail. If youre right 30%
of the time, thats a stupendous
batting average. But to get there,
you must start with an effective,
disciplined, and seamlessly inte-
grated product development
process. And at the heart of that
process is good decision-making.
To achieve the ambitious
goals weve set for ourselves
in each of our therapeutic
areas, we must be willing
to conscript good ideas
wherever they originate.
That includes a strategy
of licensing promising
therapeutic candidates
from other organizations.
Were at a rare and
exciting inection point
for Amgen. As advanced
therapeutics prove their
worth in the health care
marketplace, we have an
opportunity to build an
organization with a
research capacity unlike
any other in the industry.
Roger Perlmutter, MD, PhD Executive Vice President, Research and Development
Science Worth Pursuing
R&D is the life blood of any therapeutics endeavor, but
its much more than that at Amgen. It goes to the very core
of our identity.
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