ENBREL sales fell by $190M in Q1 2026 vs Q1 2025, with a 15% lower net selling price being a primary driver. This is a direct result of the U.S. Medicare Part D price setting under the Inflation Reduction Act (IRA) which became effective January 1, 2026.
Filing excerpt
The decrease in ENBREL sales for the three months ended March 31, 2026 was primarily driven by unfavorable changes to estimated sales deductions of 18% and lower net selling price of 15% resulting from the impact of U.S. Medicare Part D price setting under the IRA, effective January 1, 2026, as well as an increased 340B Program mix.
What this signalsFilings often name leadership changes, deals and spending plans.
Regions named
sec-10qpricingPressureGet every 10-Q signal for Amgen and the companies you sell to, in the tools you already use.
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This page shows a preview. The full sec-10q record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.
Company
linkedin_urlValue in the APIindustriesValue in the APIemployee_count_lowValue in the APIemployee_count_highValue in the APIrevenueValue in the APIdescriptionValue in the APISignal
signal_nameValue in the APIassociationValue in the APIGET /v1/signals/4029d831-d724-433d-9851-c1353f5a30ec returns this record as JSON. POST /v1/companies/enrich returns every signal for amgen.com.
{
"signal_id": "4029d831-d724-433d-9851-c1353f5a30ec",
"signal_type": "sec-10q",
"signal_subtype": "pricingPressure",
"detected_at": "2026-05-05T08:48:22.11+00:00",
"company": {
"name": "Amgen",
"domain": "amgen.com"
},
"data": {
"detail": "ENBREL sales fell by $190M in Q1 2026 vs Q1 2025, with a 15% lower net selling price being a primary driver. This is a direct result of the U.S. Medicare Part D price setting under the Inflation Reduction Act (IRA) which became effective January 1, 2026.",
"metrics": {
"pct": -37,
"timeframe": "current_quarter",
"pct_context": "Total ENBREL sales change YoY",
"dollar_context": "Decline in Total ENBREL sales vs prior year quarter ($510M to $320M)",
"dollar_millions": -190
},
"summary": "ENBREL sales drop 37% due to 15% price decline from IRA Medicare price setting",
"excerpts": "The decrease in ENBREL sales for the three months ended March 31, 2026 was primarily driven by unfavorable changes to estimated sales deductions of 18% and lower net selling price of 15% resulting from the impact of U.S. Medicare Part D price setting under the IRA, effective January 1, 2026, as well as an increased 340B Program mix.",
"relevance": 0.9,
"sentiment": "negative",
"confidence": "high",
"source_url": "https://www.sec.gov/Archives/edgar/data/318154/000031815426000057/amgn-20260331.htm",
"filing_date": "2026-04-30",
"filing_year": 2026,
"fiscal_year": 0,
"fiscal_year_end": "03/31",
"sales_relevance": "Cost optimization needed",
"signal_category": "market",
"regions_mentioned": [
"U.S."
]
}
}
curl https://signals.autobound.ai/v1/signals/4029d831-d724-433d-9851-c1353f5a30ec \
-H "X-API-KEY: $AUTOBOUND_API_KEY"curl -X POST https://signals.autobound.ai/v1/companies/enrich \
-H "X-API-KEY: $AUTOBOUND_API_KEY" \
-H "Content-Type: application/json" \
-d '{"domain":"amgen.com","limit":20}'Long text fields are shortened on this page.
Looking up one signal by its id is free. Enrich costs 2 credits per signal returned; a call with no results is free.