Global sales of Revlimid, the company most important growth

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canada goose deals The company also raised its full year sales and earnings forecasts.Global sales of Revlimid, the company most important growth driver, rose 39 percent in the quarter to $738 million, topping analysts average forecast by $15 million.Revlimid gained market share and physicians used the drug to treat patients with multiple myeloma for longer periods of time. Growth was also driven by international expansion canada goose cheap .Still, Celgene shares fell 1.2 canada goose factory sale percent in midday trading amid concern among some investors canada goose coats on sale that Revlimid volume Canada Goose Coats On Sale growth buy canada goose jacket has slowed in Europe and the United States.According to a calculation by Mark Schoenebaum, an analyst at ISI canadian goose jacket Group, volume growth grew about 5 percent in canada goose uk outlet the quarter, slower than any quarter since the cheap canada goose uk first quarter of canada goose uk shop 2010. price increases and Canada Goose Parka the impact of discounts to eliminate 50 percent Canada Goose Outlet of the hole gap in Medicare drug coverage for the elderly.Growth in Europe was about 4 percent, also slower than in prior quarters, he said.Schoenebaum said in a research note, the first quarter is often a bit weaker than subsequent quarters, and we suspect that will happen again this year.Revlimid is approved as a treatment for patients with multiple myeloma who have failed at least one prior therapy. Celgene has applied for approval in Europe to market the drug for newly diagnosed patients. approval for the drug as canada goose black friday sale a first line canada goose clearance treatment later this year.In February, Celgene said it suspended dosing in one of its three pivotal trials canada goose coats testing Revlimid as a maintenance therapy, due to a higher rate of second primary malignancies.That announcement sent Celgene shares down as much as 8 percent to $49, but the stock has since risen 19 percent as those concerns receded.On Thursday, Robert Hugin, the company chief executive, told analysts on a conference call that Celgene has seen nothing to canada goose uk black friday give new cause for concern.didn see anything uk canada goose outlet in the first quarter that would give Canada Goose sale us any pause about the lengthening of duration of Canada Goose Online treatment, which continues to be an important market driver in the United States and all around the world.Vidaza sales rose 36 percent to $163 million canadagooseparks .Celgene net profit rose to $255.6 million, or 54 buy canada goose jacket cheap cents a share, from $234 million, or 50 cents a share, a year ago.Excluding one time items, it earned 83 cents a share. On that basis, analysts were expecting 80 cents, according to Thomson Reuters I/B/E/S.Revenue rose 40 percent to $1.13 billion. Analysts on average were expecting $1.08 billion.Celgene expects sales of Revlimid in 2011 to rise about 26 percent to a range of cheap Canada Goose $3.05 billion to $3.15 billion. Previously, it forecast $3.0 billion to $3.1 canada goose clearance sale billion.The company raised its full year 2011 earnings outlook to a range of $3.35 to Canada Goose online $3.40 a share, excluding one time items, up from a previous range of $3.30 to $3.35.The company expects revenue to rise canada goose store about 25 percent to a range of $4.45 billion to $4.55 billion. Previously it forecast $4.4 billion to $4.5 billion.Jackie Fouse, Celgene chief financial officer, said the company forecast includes the expected impact of healthcare reform, including discounts provided to cut the donut hole. Fouse said the uk canada goose company expects canada goose sales to be reduced by $80 million to $90 million in 2011.Donut hole discounts cut into Revlimid sales by about $15 million in the first quarter.Vidaza Canada Goose Jackets is set to lose patent protection in the United States in May. Rouse said the company has built the impact of generic competition into its forecast as well canada goose deals.