Biotech News - Amgen, Inc. AMGN Amgen Foundation Launches $25 Million Amgen Scolars Program

Amgen, Inc. (Public, NASDAQ:AMGN)

Amgen, Inc. AMGN Amgen Foundation Launches $25 Million Amgen Scolars
Program.

Amgen Foundation Launches $25 Million Undergraduate Research Program
Amgen Scholars Will Provide Hands-on Science Research Experience at
10 of the Nation's Premier Universities

THOUSAND OAKS, Calif. Oct. 19, 2006--As part of its mission to
advance science education, the Amgen Foundation today announced its
partnership with 10 of the nation's leading universities to provide
hundreds of selected undergraduate students an opportunity to engage
in a fully funded, hands-on research experience each summer.

Amgen Scholars is a $25 million, eight-year program that will
provide research experience for students interested in pursuing a
graduate degree and a career in science. For the first phase of the
program, which extends through 2010, each of the 10 program partners
will receive $1 million over the next four years. Each institution
is charged with selecting participants from both their own student
body as well as from other accredited four-year colleges and
universities in the United States, Puerto Rico and other U.S.
Territories.

The 10 program partners are:

California Institute of Technology (Caltech)
Columbia University/Barnard College
Howard University
Massachusetts Institute of Technology (MIT)
Stanford University
University of California, Berkeley
University of California, Los Angeles
University of California, San Diego
University of California, San Francisco
University of Washington

"The experience of hands-on research is an extraordinarily effective
way to encourage undergraduate students to pursue careers in
science," said Susan Hockfield, president of MIT. "By providing
access to exciting research programs and dynamic industry leaders,
the innovative Amgen Scholars program will engage and inspire young
people - at a time when the education of the next generation of
scientists is more important than ever."

MIT, which has long been at the forefront of undergraduate research
programming, will serve as the national program office and will play
a leading role in providing coordination, technical oversight, and
student outreach for the program. As the national program office,
MIT will receive an additional $1 million over the next four years.

Amgen Scholars will participate in research projects, scientific
seminars and work under some of the nation's top academic
scientists. All participating students also will have the
opportunity to take part in an annual mid-summer, three-day
symposium in California. At the symposium, students will have the
chance to hear firsthand from leading scientists working in industry
and academia, and to network with other Amgen Scholars from across
the nation.

Financial support for students is a critical component of the
program, and thus eligible students regardless of their financial
status are able to participate. Students will receive a competitive
stipend along with room, board and a travel allowance, which
includes travel to and from the university and the symposium.

"At Amgen, we believe we have an important responsibility to inspire
and prepare the next generation of scientists," said Jean Lim,
president, Amgen Foundation. "In partnership with some of our
nation's top research universities, we hope to strengthen
undergraduate science education by increasing the number of
available research opportunities for students. Our hope is that this
program will be a pivotal experience that will encourage students to
pursue further education and training in the sciences."

The Amgen Foundation is committed to advancing science education
through its support of educational programs that provide hands-on
science experiences for students at all levels, in addition to
focusing on teacher quality and professional development at the K-12
levels. Earlier this year, the Foundation announced a $5 million,
five-year partnership with Teach For America to support a program
aimed at doubling the number of college math and science graduates
who join Teach For America by 2010. The goal is to improve the
quality of math and science education in America's underserved
public schools. Additionally, the Amgen Foundation supports several
local, regional and national programs to support and reinvigorate
science education in and out of the classroom.

For more information about Amgen Scholars, please visit
www.amgenscholars.com

About the Amgen Foundation

The Amgen Foundation (www.amgen.com/citizenship/overview.html) seeks
to advance science education; improve patient access to quality
care; and strengthen the communities where Amgen staff members live
and work. Since 1991, the Foundation has made $70 million in grants
to local, regional and national non-profit organizations that impact
society in inspiring and innovative ways. It has also supported
disaster relief efforts both domestically and internationally.

CONTACT: The Amgen Foundation

SOURCE: The Amgen Foundation

http://tech.groups.yahoo.com/group/biotech-news/
http://www.arizonabiotech.com/
http://www.azhttp.com/

http://www.arizonabiotech.com/
http://groups.yahoo.com/group/biotech-news/
http://www.arizonaentrepreneurs.com/
http://www.azhttp.com/

Yahoo! Groups Links

<*> To visit your group on the web, go to:
http://groups.yahoo.com/group/biotech-news/

<*> Your email settings:
Individual Email | Traditional

<*> To change settings online go to:
http://groups.yahoo.com/group/biotech-news/join
(Yahoo! ID required)

<*> To change settings via email:
mailto:biotech-news-digest@yahoogroups.com
mailto:biotech-news-fullfeatured@yahoogroups.com

<*> To unsubscribe from this group, send an email to:
biotech-news-unsubscribe@yahoogroups.com

<*> Your use of Yahoo! Groups is subject to:
http://docs.yahoo.com/info/terms/