Pharmion - Best Pharma Stocks of 2007

Company: Pharmion
Starting stock price: $26.7
Ending stock price: $62.68
Percent Change: 135%

Details: Pnarmion acquires, develops and commercializes hematology and oncology products. In November 2007, Celgene bought Pharmion for $2.9 billion--11 times Pharmion's annual revenue and a 46 percent premium for its shares. Pharmion sells Vidaza and Thalomid and is working on a late-stage therapy for small-cell lung cancer and a mid-stage oncology drug MGCD0103.

More News:
Celgene goes global with $2.9B Pharmion buyout. Report 
Pharmion nets cancer therapy in Cabrellis buyout. Report
Pharmion signs $270M licensing deal for GPC's satraplatin. Report

Pharmion - Best Pharma Stocks of 2007
Read more on

Suggested Articles

Implementing data integration strategy in your commercialization breaks down traditional healthcare silos and improves patient outcomes.

Roche and Blueprint's RET inhibitor Gavreto has won FDA go-ahead to treat certain types of thyroid cancer, leveling the field with Lilly's Retevmo.

CDMO Sterling Pharma Solutions is plotting a buyout of a U.K.-based antibody-drug conjugate specialist in a new bid at the next-gen cancer fighters.