Celgene (CELG) Tops Q1 EPS by 4c; Raises Outlook

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Celgene Reports First Quarter 2017 Operating and Financial Results

April 27, 2017 7:27 AM EDT

- Net Product Sales of $2.95B in Q1:17; Increased 18% Y/Y

- REVLIMID® Net Product Sales of $1.9B in Q1:17; Increased 20% Y/Y

- Raising 2017 EPS Guidance

- Positive phase II STEPSTONE data with ozanimod in Crohns disease; Phase III trial initiation planned by year-end

SUMMIT, N.J.--(BUSINESS WIRE)-- Celgene Corporation (NASDAQ: CELG) reported net product sales of $2,950 million for the first quarter of 2017, an 18 percent increase from the same period in 2016. Net product sales... More