Report
Steve Chesney

BCMA still best, with faster/broader dev. plan

Updated data presented at the ASH conference continue to indicate potential for best-in-class response rate and a manageable safety profile for CELG/BLUE's bb2121 anti-BCMA for multiple myeloma. CELG is already enrolling a single-arm pivotal trial, which under the FDA's Breakthrough Designation could lead to approval ahead of current street forecast of FY20. Additional planned trials in earlier disease indicate significant upside.
Underlying
Celgene Corporation

Celgene is a global biopharmaceutical company engaged primarily in the discovery, development and commercialization of therapies for the treatment of cancer and inflammatory diseases through solutions in protein homeostasis, immuno-oncology, epigenetics, immunology and neuro-inflammation. The company's primary commercial stage products include: REVLIMID?, an oral immunomodulatory drug; POMALYST?/IMNOVID?, a proprietary, small molecule; OTEZLA?, an oral small-molecule inhibitor of phosphodiesterase 4 for cyclic adenosine monophosphate; ABRAXANE?, a solvent-free chemotherapy product; and VIDAZA?, a pyrimidine nucleoside analog. In addition, the company provides other product sales and licensing arrangements.

Provider
Atlantic Equities
Atlantic Equities

Formed in 2003 by an established team from Cazenove, one of the most respected investment banks in the UK, Atlantic Equities conducts and publishes fundamental, bottom up research on mid and large cap US companies.

Atlantic provide order execution through a wide range of DMA products and algorithmic trading suites.

Analysts
Steve Chesney

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