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CELGENE - Prospects Bright beyond Revlimid in MM - New Products + Label Expansion - new market research report published

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CELGENE - Prospects Bright beyond Revlimid in MM - New Products + Label Expansion - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-14 08:36:02
With our conservative view on Revlimid - opportunity in EU (no approval in NDMM and Maintenance setting), reimbursement in China, and patent challenges; we expect net product sales´ CAGR (2013-17) of 17% (vs. CELG´s guidance: 19%) including risk adjusted late stage pipeline.

We are positive on upcoming catalysts:

i) Approval of Registered / Late-Stage products - POMALYST (pomalidomide, R, PDUFA: Feb. 10, 2013 and EU in 2H13), Apremilast (PhIII, Psoriasis - PsO, PsA; PhII, RA, oral PDE-4 inhibitor), and label expansion of ABRAXANE (L, mBC);

ii) Upside should come from novel early stage pipeline where more details will be disclosed during the R&D update in May; iii) Growth from label and geographic expansion of Marketed Products - Vidaza (in AML) and Revlimid (in MCL, MDS in EU), where approval in NDMM and Maintenance setting of Revlimid is a wild card.

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