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$CELG said it expects 2016 net product sales of about $10.5-11Bil, a 17% rise YoverY based on midpoint of range. The negative impact of foreign exchange on net product sales is expected to be about $120MM in 2016. Adjusted EPS is projected to be $5.50-5.70, a 19% increase YoverY, and GAAP EPS is anticipated to be $4.26-4.64.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.