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Celgene Sets Sights On Becoming Inflammation and Immunology Power Player

 
• By Jessica Merrill

Celgene will buy Receptos for $7.2 billion, gaining the late-stage drug ozanimod in development for multiple sclerosis and ulcerative colitis. With the addition of ozanimod, the company will have three late-stage drugs in its inflammation and immunology portfolio.

Celgene Corp. will make a significant investment toward its ambition of becoming an inflammation and immunology leader with the acquisition of Receptos Inc. for $7.2 billion, net Receptos’ cash of more than $600 million.

One of its challenges will be competing in increasingly crowded therapeutic areas, given the focus by nearly every

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