Moody's Boosts Outlook on Celgene (CELG) to Stable; Affirms Ratings

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Celgene (CELG) Adds $3B to Buyback Plan

June 12, 2013 8:01 AM EDT

Celgene Corp (NASDAQ: CELG) announced today that its Board of Directors authorized the repurchase of up to an additional $3.0 billion of the Companys common stock. Purchases may be made in the open market or in privately negotiated transactions from time to time, as... More

Celgene (CELG) Unit Reports Meaningful Improvements Observed in PALACE 1

June 12, 2013 7:35 AM EDT

Celgene International Sàrl, a wholly-owned subsidiary of Celgene Corporation (NASDAQ: CELG), today announced 52-week results from PALACE 1, the Companys first phase III study in psoriatic arthritis at the European Congress of Rheumatology (EULAR) annual meeting in Madrid, Spain. The results were included in the EULAR press conference, which highlights data considered representative of highest quality and most meaningful research presented at EULAR. The full PALACE 1 oral presentation will be presented later today.

Long-term results presented from PALACE 1 revealed meaningful improvements in American College of Rheumatology (ACR) 20 scores from week 24 through week 52. Patients who... More