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Billions On The Line With Celgene’s Partnered Pipeline

 
• By Mandy Jackson

Celgene’s fourth quarter and 2016 sales aligned with previously disclosed double-digit gains as the company outlined later-stage pipeline programs expected to add billions in sales during the next five years.

Celgene Corp. had another double-digit growth year and expects sales spikes to continue for the next several years. Driving that view is existing blockbusters as well as mid- to late-stage research and development programs, many of which the company highlighted in its Jan. 26 earnings report.

Celgene is one of the most transparent public biopharmaceutical companies in terms of financial projections for the near, mid- and long-term, so the big biotech firm spent much of its...

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