Celgene’s Crohn’s Disease Drug Hits Its Marks

By | October 20, 2014

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Big biotech Celgene (CELG) announced Monday that it will present data on its Crohn’s disease drug GED-0301 at a conference Tuesday, after posting an abstract with top-line results on the high side of expectations. Celgene stock was up 2.5% in morning trading on the stock market today. The drug is a potential blockbuster. The phase-two trial compared three different doses of the drug, also called Mongersen, with a group taking a placebo. After two Scalper1 News

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