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CELG News and Press, Celgene Corporation From 11/12/19

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Company Name: Celgene Corporation
Stock Symbol: CELG
Market: NASDAQ

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CELG - Geron: Hold Despite Slim Premium As Promising Trials Await Funding

Investment Thesis Imetelstat of Geron Corporation ( GERN ), with its superior therapeutic efficacy, as proven in a phase 2 trial, looks promising for a largely under-served MDS (myelodysplastic syndromes) market. With only a single drug in the pipeline focusing on two rare forms of blood c...

CELG - Celgene inks second collaboration deal with Skyhawk

Privately held Skyhawk Therapeutics enters into a second collaboration agreement with an affiliate of Celgene ( CELG +0.4% ) aimed at identifying targets in autoimmune disorders, oncology and immuno-oncology leveraging Skyhawk's SkySTAR technology platform. More news on: Celgene Corpor...

CELG - Skyhawk Therapeutics Announces a Second Multi-Target Collaboration Agreement with Celgene to Discover and Develop Novel Small Molecules that Modulate RNA Splicing

Celgene to receive exclusive options to license a number of Skyhawk's product candidates directed to multiple high-value autoimmune disorder, oncology, and immuno-oncology targets.  Skyhawk to receive $80 Million upfront payment and is eligible for potential milestone payments...

CELG - Why Celgene's Latest FDA Approval Makes Bristol-Myers Squibb's Dividend Look Even Better

No matter how you look at it, Bristol-Myers Squibb (NYSE: BMY) claims an attractive dividend. Its yield currently stands north of 2.8%. The big pharma company has a payout ratio of only 47%, giving it plenty of flexibility to keep the solid dividends coming. And Bristol-Myers Squibb's div...

CELG - FDA Approves REBLOZYL® (luspatercept-aamt) for the Treatment of Anemia in Adults With Beta Thalassemia Who Require Regular Red Blood Cell Transfusions

REBLOZYL is the first and only FDA-approved erythroid maturation agent, representing a new class of therapy for these patients Approval of REBLOZYL marks the first FDA-approved treatment for anemia in beta thalassemia Celgene Corporation (NASDAQ: CELG) and Acceleron Pharma Inc. (N...

CELG - Acceleron's Q3 Results Focus Squarely on Its Celgene Collaboration

It's been an up-and-down kind of year so far for Acceleron Pharma (NASDAQ: XLRN) . In September, the biotech announced disappointing phase 2 results for ACE-083 in treating facioscapulohumeral muscular dystrophy (FSHD) and scrapped its FSHD program. However, Acceleron's shares have rebounde...

CELG - Celgene to Present New and Updated Data on Key Hematology Pipeline Therapies at American Society of Hematology (ASH) 2019 Annual Meeting

Nearly 70 abstracts, including more than 20 oral presentations highlight diverse portfolio of innovative treatment modalities, including potentially transformative cell therapies Celgene Corporation (NASDAQ: CELG) today announced data from nearly 70 Company-sponsored, global alliance a...

CELG - Buy These 2 Stocks to Access China's Huge Healthcare Market

China spent $137 billion on healthcare in 2018 and could spend up to $170 billion annually by 2023. Two exciting biotech companies ,  BeiGene (NASDAQ: BGNE)  and Zai Lab (NASDAQ: ZLAB) , allow investors an opportunity to get in on the action while it's still early. And why ...

CELG - Amgen Pops $2.7 Bln Dose Of Risky Chinese Medicine

By Breakingviews Amgen's (AMGN) Chinese deal could be good medicine. The pharma giant is paying around $2.7 billion for a 20.5% stake in biotech group BeiGene (BGNE). Splurging on a minority stake in a pre-profit outfit that just fought off a short-seller is hard to stomach. But a partners...

CELG - The Celgene CVR Could Be Worth As Much As $6.48

The spread on the Bristol-Myers (BMY) and Celgene (CELG) deal has been rapidly closing recently. The gross spread is a negative 1.28%. I've written a ton about this deal in the past, and it is my largest M&A position. The spread is finally getting so tight that you need to ascribe value to...

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