Saturday, June 8, 2013

Europe is Positive on these 2 Drugs

It looks like the CHMP, Europe's version of the FDA advisory committee, didn't want the month to end without two big positive opinions, giving investors a nice little present heading into the weekend. Celgene's (NASDAQ: CELG  ) relapsed and refractory multiple myeloma drug pomalidomide, and Aegerion's (NASDAQ: AEGR  ) HoFH drug Juxtapid, are now likely to be approved in the EU.

In this video, health-care analyst David Williamson discusses what these events mean for investors in Aegerion and Celgene, along with their competitors.

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