Thursday, June 21, 2012

Stock Alert - Celgene (CELG) -10.2% after EU regulators request more data - 6/21/12

Celgene (CELG) -10.2% after EU regulators request more data about widening authorization of the firm's multiple myeloma treatment Revlimid to treat newly diagnosed patients and as a maintenance therapy. Celgene is pulling the submission and will resubmit it with more data, and the firm is "re-evaluating" a similar FDA application.

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