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Steve Rosenman
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Mr. Rosenman has nearly 15-years executive experience in the health and wellness sectors, including weight loss, cosmetics skincare and nutrition, both Rx and OTC. Expertise areas include strategic market and product planning and corporate development (evaluation, recommendation and execution of... More
  • CYCC And CELG Settlement 0 comments
    Apr 4, 2013 8:58 AM | about stocks: CYCC, CELG

    After speaking w/ management this AM, I'd like to confirm/clarify that the $5.5M payment by CELG has settled the case and includes the sale of patents. No further monies will be due.

    My view is this type of settlement could encourage future development / partnership work together and removes any overhang from the main focus of developing their pipeline. I continue to believe the stock is very overlooked/undervalued, especially relating to the advanced pipeline and multiples vs. peers and should look to head into teens throughout 2013.

    Stocks: CYCC, CELG
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