Celgene Corp - Company Profile
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Celgene Corp (Celgene) is a biopharmaceutical company that focuses on the research, development, and commercialization of novel therapies for the treatment of cancer and immune-inflammatory related diseases. Strong focus on R&D activities, presence in multiple myeloma market and synergy with parent company are its strengths, even as lawsuits could be major cause for concern to the company. Strategic agreements, market potential for acute myeloid leukemia and growing incidence of cancer could provide growth opportunities to the company. However, stringent regulations, rise of generics, and intense competition could adversely affect its future business operations.
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