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Fly News Breaks for June 4, 2015
CELG, BLUE
Jun 4, 2015 | 07:54 EDT
Cowen noted bluebird bio (BLUE) and Celgene (CELG) amended and restated their partnership. The firm views the end of the old deal as positive for both, as it allows bluebird to pursue its own strategy across a pipeline of other candidates while Celgene will have greater flexibility to acquire a larger CAR-T or TCR franchise. Cowen maintained its Outperform rating on bluebird bio.
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