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Fly News Breaks for November 17, 2015
CELG
Nov 17, 2015 | 08:22 EDT
JMP Securities believes that the USPTO's decision not to launch an inter pares review of Celgene's '517 patent which covers Revlimid removes a significant overhang on the shares. The firm notes that Kyle Bass' Coalition for Affordable Drugs had sought the review. JMP keeps a $147 price target and Outperform rating on Celgene.
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