Comment on Why I'm Bullish on the Riskiest Big Biotech Stock on the Market

Why I'm Bullish on the Riskiest Big Biotech Stock on the Market

What's the riskiest big biotech stock on the market? According to market research firm EvaluatePharma, it's Celgene (NASDAQ: CELG).Many investors have been very bearish about Celgene for months. The company's once-promising Crohn's disease drug GED-0301 flopped miserably in a late-stage clinical study in October 2017. Celgene thoroughly embarrassed itself, with the FDA refusing to review the regulatory submission of ozanimod in treating multiple sclerosis (MS).

 

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