Max Nisen, Columnist

Celgene's Deal Won't Move the Dial

A small bid for a cast-off drug won't bolster shaken confidence.
Photographer: Bloomberg/Bloomberg via Getty Images
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Last year was solid for the biotech sector generally -- but shaky for industry bellwether Celgene Corp.

The company will have a chance, as it kicks off JPMorgan Chase & Co.'s annual biopharma confab this week, to give investors reason to hope 2018 will be different.