Oppenheimer Starts Celgene (CELG) at Outperform

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Leerink Notes Positive Celgene (CELG) CFO Meeting

November 30, 2016 6:44 AM EST

Leerink Partners analyst Geoffrey Porges said yesterday's Celgene (NASDAQ: CELG) CFO meeting focused on positive trends, confidence in guidance and LT outlook.

Porges commented, "Yesterday as part of our POLARxPRESS biopharma bus tour, we and a group of investors met with Celgenes (CELG, MP) CFO Peter Kellogg and Investor Relations team for an hour to discuss the company's outlook for the myeloma market, US healthcare policy, and long-term strategic assets. The main topics discussed were the impact of Darzalex (daratumumab, JNJ, OP) on Revlimids average duration of therapy and the staging of... More