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Celgene Eases Angst Over Otezla, Sets The Stage For Growth

 
• By Mandy Jackson

Celgene reported second quarter sales growth for key assets in its commercial portfolio, including a recovery for Otezla, and prepared investors for a deluge of data in the second half of 2017.

Watch gears up close

There were no major surprises in Celgene Corp.'s second quarter earnings, but the financial report did ease anxiety about Otezla (apremilast) – the first major product to help the company diversify its portfolio beyond the Revlimid (lenalidomide)-led hematology and oncology franchise.

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