LATEST BLOG

Bluebird bio Inc and Celgene Corp stock performance

JT001

11-Dec-2017 17:03 PM

0

274

      Share of bluebird bio Inc (BLUE:NASDAQ) and Celgene Corp (CELG:NASDAQ) surged Monday after the companies announce "Updated Results from Ongoing Multicenter Phase 1 Study of bb2121 Anti- BCMA CAR T Cell Therapy in Patients with Late Stage Relapsed/Refractory Multiple Myeloma at ASH Annual Meeting". Some key highlighted are: Overal response rate (ORR) of 94% in patients and Complete Response (CR) rate of 56% from prior 27% in summer ASCO.  Full press release here http://investor.bluebirdbio.com/news-releases/news-release-details/celgene-corporation-and-bluebird-bio-announce-updated-results

     BLUE made new 52 weeks high today, then follow up with 600 million stock offering after hours. Here is how the  stock performance for this year.

 

      CELG stock has a decent year performance until it got hit by their 3Q earning reports updated from their OTEZLA® sales miss and weaker outlook.  The company still have four other major drugs and the sales are still going strong.

Regardless, how these two stocks performance. It's great to see there are new biotech development drug to help cure and save patients life. 

Add Your Comment


TradersFish provides FREE valuable, unique, and simplified stock market data. Your donation will help us further expand our operations. Thank you for your contribution!


Please select phase first
Disclaimer! This is NOT an investment advice. The data result herein is purely speculation only. You must do your own due diligence and mitigate your risk. You acknowledge that TradersFish.com will not be held responsible and accountable for any losses you may incur using our Biotech Data Calculator. Please consult your own financial adviser before executing trades.