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Slide #24. Celgene Corporation — Late-Stage Product for Crohn's Disease and Other Gastrointestinal Disorders
Celgene Corporation (NASDAQ:CELG)
Late-Stage Product for Crohn's Disease and Other Gastrointestinal Disorders
Celgene Corporation (NASDAQ:CELG) entered into a global license agreement with Nogra Pharma Limited, a private pharmaceutical company based in Dublin, Ireland, to develop and commercialize GED-0301, an oral antisense DNA oligonucleotide targeting Smad7 mRNA for the treatment of moderate-to-severe Crohn's disease and other indications.
Celgene is a global biopharmaceutical company engaged primarily in the discovery, development and commercialization of therapies for the treatment of cancer and inflammatory diseases through solutions in protein homeostasis, immuno-oncology, epigenetics, immunology and neuro-inflammation. Co.'s primary commercial stage products include: REVLIMID®, an oral immunomodulatory drug; POMALYST®/IMNOVID®, a proprietary, small molecule; OTEZLA®, an oral small-molecule inhibitor of phosphodiesterase 4 for cyclic adenosine monophosphate; ABRAXANE®, a solvent-free chemotherapy product; and VIDAZA®, a pyrimidine nucleoside analog. In addition, Co. provides other product sales and licensing arrangements.
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Hold (2.12 out of 4)
(ranked lower than approx. 95% of all stocks covered)
Based on Zacks ABR data;
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