Amgen And Health And Benefits Consultant Piper Jordan Partner On First Migraine Project With Employers
Amgen And Health And Benefits Consultant Piper Jordan Partner On First Migraine Project With Employers $11 Billion is Estimated to be Lost by American Employers Each Year Due to Migraine |
[27-June-2018] |
THOUSAND OAKS, Calif. and SAN DIEGO, June 27, 2018 /PRNewswire/ -- Amgen (NASDAQ:AMGN) and Piper Jordan, one of the nation's leading health and benefits consulting firms, today announced a unique partnership to help improve health and well-being in the workplace for people living with migraine. The collaboration aims to provide disease management resources to both the employee and employer through innovative educational programs, including well-being initiatives for those living with migraine. This marks the first Amgen partnership with an employee benefit consultant (EBC) and is Amgen's first migraine-specific project with employers. The burden of migraine has been under-recognized, despite the fact that American employers lose an estimated $11 billion each year, largely due to missed work days and lost productivity.1 In fact, in a recent global migraine patient survey, employed respondents in the U.S. reported they felt a lack of support and judged at work. Although the majority of their employers (80 percent) knew about their migraine, only 21 percent offered support, all of which underscores the need for better awareness and support in the workplace.2 "Migraine is a distinct neurological disease that is too often stigmatized or overlooked in the workplace. This unique partnership reinforces Amgen's commitment to giving individuals impacted by migraine a voice in both their professional and personal lives," said Joshua J. Ofman, M.D., senior vice president, Global Value, Access and Policy at Amgen. "We hope this serves as a positive example for other companies and implores them to better understand why and how they should treat migraine as a serious disease. We believe wholeheartedly in promoting an open and ongoing dialogue among those with migraine and their employers." Amgen and Piper Jordan will launch a migraine disease management program, "Manage My Migraine," to several large employers representing more than 50,000 employees across multiple industries. The program consists of an educational program component as well as a research study, which will help unlock insights around the burden of migraine in the workplace, including its impact on absenteeism, presenteeism, healthcare utilization and costs. The wellness portion of the program includes five unique webinars, email tips and a website containing disease information. The study portion of the program includes a mobile app to track migraine symptoms that will be analyzed. "As an employee benefits management group that offers workplace programs to a multitude of employers across the United States, we are delighted to be partnering with Amgen on this initiative," said Robyn Piper, Partner at Piper Jordan. "Both Amgen and Piper Jordan are committed to better understanding the burden of migraine and addressing stigma in the workplace." Together, Amgen and Piper Jordan will use the insights gained in this project to inform future strategy and determine how to best disseminate the study findings to benefit those living with migraine. "Migraine affects millions of Americans, especially those during their prime working years," said Lori Johnston, senior vice president of Human Resources at Amgen. "Although employers provide a variety of disease management programs, rarely are programs offered specifically for people living with migraine. We're thrilled to be partnering with Piper Jordan to challenge public perception of migraine disease and facilitate informed communication among people with the disease and those who live and work with them." Piper Jordan manages population health programs for national, large market employers across the U.S., representing employees across a multitude of industries. About Migraine About Piper Jordan About Amgen Amgen focuses on areas of high unmet medical need and leverages its biologics manufacturing expertise to strive for solutions that improve health outcomes and dramatically improve people's lives. A biotechnology pioneer since 1980, Amgen has grown to be the world's largest independent biotechnology company, has reached millions of patients around the world and is developing a pipeline of medicines with breakaway potential. For more information, visit www.amgen.com and follow us on www.twitter.com/amgen. Amgen and Value-Based Programs Globally, Amgen is engaged in over 75 distinct, value-based projects, spanning disease state collaborations, risk sharing, cost-cap programs, and outcomes-based agreements. The company has more than 25 ongoing partnerships in the United States and has several other collaborations under development. About Amgen and Novartis Neuroscience Collaboration About the Amgen and Novartis Migraine Mission Forward Looking Statements No forward-looking statement can be guaranteed and actual results may differ materially from those we project. Discovery or identification of new product candidates or development of new indications for existing products cannot be guaranteed and movement from concept to product is uncertain; consequently, there can be no guarantee that any particular product candidate or development of a new indication for an existing product will be successful and become a commercial product. Further, preclinical results do not guarantee safe and effective performance of product candidates in humans. The complexity of the human body cannot be perfectly, or sometimes, even adequately modeled by computer or cell culture systems or animal models. The length of time that it takes for us to complete clinical trials and obtain regulatory approval for product marketing has in the past varied and we expect similar variability in the future. Even when clinical trials are successful, regulatory authorities may question the sufficiency for approval of the trial endpoints we have selected. We develop product candidates internally and through licensing collaborations, partnerships and joint ventures. Product candidates that are derived from relationships may be subject to disputes between the parties or may prove to be not as effective or as safe as we may have believed at the time of entering into such relationship. Also, we or others could identify safety, side effects or manufacturing problems with our products, including our devices, after they are on the market. Our results may be affected by our ability to successfully market both new and existing products domestically and internationally, clinical and regulatory developments involving current and future products, sales growth of recently launched products, competition from other products including biosimilars, difficulties or delays in manufacturing our products and global economic conditions. In addition, sales of our products are affected by pricing pressure, political and public scrutiny and reimbursement policies imposed by third-party payers, including governments, private insurance plans and managed care providers and may be affected by regulatory, clinical and guideline developments and domestic and international trends toward managed care and healthcare cost containment. Furthermore, our research, testing, pricing, marketing and other operations are subject to extensive regulation by domestic and foreign government regulatory authorities. Our business may be impacted by government investigations, litigation and product liability claims. In addition, our business may be impacted by the adoption of new tax legislation or exposure to additional tax liabilities. If we fail to meet the compliance obligations in the corporate integrity agreement between us and the U.S. government, we could become subject to significant sanctions. Further, while we routinely obtain patents for our products and technology, the protection offered by our patents and patent applications may be challenged, invalidated or circumvented by our competitors, or we may fail to prevail in present and future intellectual property litigation. We perform a substantial amount of our commercial manufacturing activities at a few key facilities, including Puerto Rico, and also depend on third parties for a portion of our manufacturing activities, and limits on supply may constrain sales of certain of our current products and product candidate development. In addition, we compete with other companies with respect to many of our marketed products as well as for the discovery and development of new products. Further, some raw materials, medical devices and component parts for our products are supplied by sole third-party suppliers. Certain of our distributors, customers and payers have substantial purchasing leverage in their dealings with us. The discovery of significant problems with a product similar to one of our products that implicate an entire class of products could have a material adverse effect on sales of the affected products and on our business and results of operations. Our efforts to acquire other companies or products and to integrate the operations of companies we have acquired may not be successful. A breakdown, cyberattack or information security breach could compromise the confidentiality, integrity and availability of our systems and our data. Our stock price is volatile and may be affected by several events. Our business performance could affect or limit the ability of our Board of Directors to declare a dividend or our ability to pay a dividend or repurchase our common stock. We may not be able to access the capital and credit markets on terms that are favorable to us, or at all. CONTACT: Amgen, Thousand Oaks References
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