Celgene Corp.'s second quarter beat analyst consensus, but while Otezla (apremilast) revenue increased year-over-year, sales came in slightly lower than analyst consensus. While the company said it remains confident in the drug, it may no longer pursue inflammatory bowel disease (IBD) indications.
Inflammation and Immunology (I&I) President Terrie Curran said during Celgene's July 26 earnings call that she expects "bumpiness" in inventory...








