Celgene, Lannett Lead Boisterous Day For Drugmakers

By | May 18, 2015

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Shares of highly rated drugmakers Celgene (CELG), Lannett (LCI) and Akorn (AKRX) rose Monday, while a pair of small drug companies plunged on negative reports. Celgene and its partner Acceleron Pharma (XLRN) said the Food and Drug Administration granted fast-track designation to luspatercept to treat patients who have the blood disease beta thalassemia as a result of transfusions or other causes. The FDA’s fast-track status allows a company to Scalper1 News

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