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June 11, 2014
07:33 EDTCELGCelgene announces results from long-term Phase III OTEZLA trial
Celgene International SÓrl, a wholly-owned subsidiary of Celgene Corporation, announced results from a long-term phase III trial of OTEZLA, the companyĺs oral, selective inhibitor of phosphodiesterase 4, in psoriatic arthritis patients who have not had prior treatment with systemic or biologic disease-modifying antirheumatic drugs. The data were presented at the European League Against Rheumatism Annual Congress in Paris, France. Results demonstrated that treatment with OTEZLA monotherapy in patients with pre-existing enthesitis or dactylitis, two key manifestations of psoriatic arthritis, resulted in long-term improvements. Results were sustained over 52 weeks in patients initially randomized to OTEZLA monotherapy and completing 52 weeks of the study. At week 52, median Maastricht Ankylosing Spondylitis Enthesitis Scoredecreased by 75.0 percent and 45.9 percent of patients receiving OTEZLA 30 mg BID achieved a score of 0, indicating no pain at any of the enthesitis sites assessed. OTEZLA 30 mg BID also resulted in a median 100 percent decrease in dactylitis count. A dactylitis count of 0, indicating no signs of dactylitis, was achieved in 68.8 percent of patients.
News For CELG From The Last 14 Days
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October 1, 2014
07:39 EDTCELGCelgene reinstated with a Buy at BofA/Merrill
Target $112.
September 29, 2014
08:55 EDTCELGCelgene price target raised to $115 from $100 at RBC Capital
RBC Capital increased its price target on Celgene (CELG) as the firm now estimates that the company's new oral Crohn's disease drug GED-0301 will generate $1B in sales. The firm expects Celgene's stock to rise further as it predicts that Phase II data for the company's Crohn's treatment will be much better than the data for AbbVie's (ABBV) Crohn's treatment, Humira. RBC predicts that Celgene's long-term 2020 guidance will beat expectations if the company is able to reach a legal settlement with Actavis (ACT.). RBC Capital keeps an Outperform rating on Celgene.
07:26 EDTCELGInforma Business Information to hold a conference
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September 25, 2014
09:36 EDTCELGActive equity options trading on open
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September 24, 2014
13:17 EDTCELGCelgene continues rally after FDA approval of psoriasis drug
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07:01 EDTCELGCelgene OTEZLA to become important revenue generator, says Cantor
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September 23, 2014
15:21 EDTCELGCelgene announces FDA approves Otezla for treating plaque psoriasis
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September 22, 2014
07:21 EDTCELGEBD Group to hold a conference
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September 17, 2014
07:00 EDTCELGConcert Pharmaceuticals announces initiation of CTP-730 Phase 1 trial
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