Celgene Net Worth is20.6 12-Month Sales Growth (%)
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Company Name: Celgene Corporation
Company Logo: Image:Celgene-logo.png
Company Type: Public company
Traded As: CELG, S&P 500
Foundation: 1986
Location: Summit, New Jersey, United States
Key People: Sol J. Barer (Chairman),
Industry: Biotechnology
Revenue: url
Operating Income: net income
Assets: {{decrease US$ 10.005 billion (2011) Equity: {{decrease}} US$ 5.512 billion (2011) Num Employees: 4,182 (December 2010) Homepage: [http://www.celgene.com/ Celgene.com]
Celgene Corporation is an American biotechnology company that manufactures drug therapies for cancer and inflammatory disorders. It is incorporated in Delaware and headquartered in Summit, New Jersey. The company's major products are Thalomid (thalidomide), which is approved for the acute treatment of the cutaneous manifestations of moderate to severe erythema nodosum leprosum ("ENL"), as well as in combination with dexamethasone for patients with newly diagnosed multiple myeloma, and Revlimid (lenalidomide), for which the company has received FDA and EMEA approval in combination with dexamethasone for the treatment of multiple myeloma patients who have received at least one prior therapy. Revlimid is also approved in the United States for the treatment of patients with transfusion-dependent anemia due to Low- or Intermediate-1-risk Myelodysplastic syndromes (MDS) associated with a deletion 5q cytogenetic abnormality with or without additional cytogenetic abnormalities. Both Thalomid and Revlimid are sold through proprietary risk-management distribution programs to ensure safe and appropriate use of these pharmaceuticals. Vidaza is approved for the treatment of patients with MDS. Celgene also receives royalties from Novartis Pharma AG on sales of the entire Ritalin family of drugs, which are widely used to treat Attention Deficit Hyperactivity Disorder (ADHD).
Celgene Cellular Therapeutics, a subsidiary, is a public cord blood bank.
In 1986, Celgene, originally a unit of the Celanese Corporation, was spun off as an independent company following the merger of Celanese Corporation with American Hoechst Corporation.
In July 1998, Celgene received approval from the FDA to market Thalamid for the acute treatment of the cutaneous manifestations of moderate to severe ENL.
In April 2000, Celgene reached an agreement with Novartis Pharma AG to license d-MPH, Celgene's chirally pure version of RITALIN. The FDA subsequently granted approval to market d-MPH, or Foca

Celgene Latest News

Top Gainers of the Day: Celgene Corporation (NASDAQ:CELG) from Biotechnology

Celgene Corporation (NASDAQ:CELG), from Healthcare sector has been performing well. Celgene Corporation reported a price of 98.07 today, indicating a change of -0.85%. Celgene Corporation has a market capitalization of 76868.25, with a return on assets ...
Posted: October 25, 2016, 7:16 am

Bank of New York Mellon Corp Has $778,527,000 Stake in Celgene Co. (CELG)

Bank of New York Mellon Corp cut its position in shares of Celgene Co. (NASDAQ:CELG) by 1.1% during the second quarter, Holdings Channel reports. The fund owned 7,893,416 shares of the biopharmaceutical company’s stock after selling 88,556 shares during ...
Posted: October 24, 2016, 4:31 pm

Celgene Corp. (CELG) Shares Sold by Penobscot Investment Management Company Inc.

Penobscot Investment Management Company Inc. decreased its position in Celgene Corp. (NASDAQ:CELG) by 6.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned ...
Posted: October 22, 2016, 11:59 am
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