An acquisitive Celgene looks ready to pop a new multiple myeloma deal
Is Celgene $CELG about to unveil a new deal BCMA-targeting deal? A sharp-eyed Brian Abrahams at Jefferies spotted a notice posted at the FTC citing Celgene as the “acquiring party” for EngMab, a Swiss biotech working on bispecific antibodies that are covalent to BCMA — a hot target for Celgene — and CD3.
A Celgene spokesperson says there’s no deal — yet.
“A deal has not completed,” the spokesperson said in an email to me. “We cannot comment any further at this time.”
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