Biotech Earnings Review: Celgene, Biogen

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Biotech Earnings Review: Celgene, Biogen

Source: TheStreet
URL: http://www.thestreet.com/story/10416103/1/biotech-~

Recommend this article Recommend it On Thursday, Celgene CELG aired its quarterly results, marking the last report of the big biotech companies previewed before Genentech DNA kicked off earnings season for the sector. In review, these companies didn't disappoint on profit -- all seven beat consensus targets (which typically factor out one time charges) with their adjusted earnings-per-share results. Revenue came in close to estimates for most of the biotechs, with Biogen Idec BIIB and Celgene providing th

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