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Fly News Breaks for May 18, 2016
CELG, AGIO
May 18, 2016 | 07:51 EDT
SunTrust believes that Agios' (AGIO) new partnership with Celgene (CELG) is "lucrative." The firm notes that under the deal Agios will receive $200M upfront and an approximately 50%/50% profit split. SunTrust keeps a Buy rating on Agios.
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