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Blue Chip Growth

Stock Report: Celgene Corporation (CELG) Report Updated: Jul 21, 2014 | Print This Page

Celgene Corporation© quotemedia

Company Profile

Celgene Corporation, a biopharmaceutical company, discovers, develops, and commercializes various therapies to treat cancer and immune-inflammatory related diseases primarily in the United States and Europe. The company’s commercial stage products include REVLIMID, an oral immunomodulatory drug for the treatment of patients with multiple myeloma and myelodysplastic syndromes (MDS); VIDAZA, a pyrimidine nucleoside analog to treat various subtypes MDS and acute myeloid leukemia; and THALOMID for patients with multiple myeloma, and for the prevention and suppression of the cutaneous manifestation of erythema nodosum leprosum recurrence. It also offers ABRAXANE to treat metastatic breast cancer; and ISTODAX for the treatment of cutaneous and peripheral T-cell lymphoma. The company’s preclinical and clinical-stage products comprise Pomalidomide, a Phase III clinical trial product for the treatment of myelofibrosis and multiple myeloma; Apremilast, a Phase II and six Phase III trial product to treat psoriasis, and psoriatic and rheumatoid arthritis; CC-11050 to treat chronic inflammatory conditions, such as cutaneous lupus erythematosus; and Tanzisertib, a Phase II trial product for the treatment of idiopathic pulmonary fibrosis and discoid lupus. In addition, it develops Amrubicin, a synthetic anthracycline molecule; PDA-001 that is in Phase II trial for the treatment of Crohn’s disease, multiple sclerosis, rheumatoid arthritis, and sarcoidosis; and Sotatercept, a Phase II trial product to treat renal anemia, as well as CC-223, CC-115, and CC-122, which are in Phase I trials for the treatment of solid tumors, non-Hodgkin lymphoma, and multiple myeloma. The company was founded in 1980 and is headquartered in Summit, New Jersey.

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