Cel­gene grabs more space in Cam­bridge; Karolin­s­ka Dev gets new CEO

→ Fast-grow­ing Cel­gene is ex­pand­ing its foot­print in Cam­bridge, MA, re­ports the Boston Busi­ness Jour­nal, sub­let­ting 40,000 square feet of space that had been emp­tied af­ter Am­gen moved staff to a new fa­cil­i­ty on Kendall Square.

No­var­tis has long been dis­con­tent­ed with its big Al­con unit, re­port­ed­ly con­sid­er­ing an ex­it at the tight price. Now Bloomberg re­ports that the phar­ma gi­ant en­gaged Bank of Amer­i­ca to step in to “re­view op­tions.”

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