ome Friday morning, Amgen will reveal whether its costly, much-discussed new cholesterol drug will live up to blockbuster expectations — or become a cautionary tale in biopharma lore.

At the American Cardiology Conference in Washington, D.C., Amgen will present results from a 27,000-patient study determining whether its drug can reduce patients’ risk of heart attack and stroke, with sweeping ramifications for payers, patients, investors, and pharma.

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