Celgene: The new ‘Big Kid’ on the block

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Celgene announced that it expects its blood cancer medicines, long the core of its business (Revlimid, Thalomid & Vidaza), to bring in $6 billion by 2015. Beyond the earliest product approvals which sparked its ascension, the company says a new psoriasis treatment could easily exceed $2-3 billion per year in revenue. Finally, CEO Sol Barer speaks to CNBC about the future & early progress in developing a stem cell treatment for Crohn’s disease.

The rise to dominance in the biotechnology industry continues for Celgene, a company that was not in the discussion with Amgen, Genentech, Chiron & Immunex less than ten years ago.


One Response

  1. […] Celgene: the new “big kid” on the block. […]

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