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Slow growth for Celgene's Otezla; Amgen reports hurricane expenses

By Karen Pihl-Carey

Thursday, October 26, 2017

Shares of Celgene Corp. tanked on Thursday following the company's release of third-quarter financials, which included a slow growth for arthritis/psoriasis drug Otezla. Meanwhile, Amgen Inc. reported $67 million in pre-tax expenses due to Hurricane Maria's toll on the company's Puerto Rico-based manufacturing facility.

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