Why I'm Bullish On The Riskiest Big Biotech Stock On The Market

newsfeedback@fool.com (Keith Speights), The Motley Fool
Thu, 06/21/2018 - 3:30am

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).

Topics: nasdaq celg).many crohn ged-0301 october fda ms largely celgene bullish riskiest big biotech stock biotech stock on the market

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Why I'm Bullish On The Riskiest Big Biotech Stock On The Market

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