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SUMMIT, N.J., June 30 /PRNewswire-AsiaNet/ –

Third FDA Approval for Celgene Corporation in Six Months

Celgene Corporation (Nasdaq: CELG) announced that the U.S. Food and Drug
Administration (FDA) has granted approval for its Supplemental New Drug
Application (sNDA) for an additional indication for REVLIMID (lenalidomide),
for use in combination with dexamethasone as a treatment for patients with
multiple myeloma who have received at least one prior therapy. REVLIMID is also
approved for use in the treatment of patients with transfusion-dependent anemia
due to Low-or-Intermediate-1-risk myelodysplastic syndromes associated with a
deletion 5q cytogenetic abnormality with or without additional cytogenetic
abnormalities. Multiple myeloma is the second most common blood cancer in the
United States, affecting approximately 50,000 people. About 14,600 new cases of
multiple myeloma are diagnosed each year and about 12,000 Americans are
expected to die of multiple myeloma in 2006.

In the REVLIMID (lenalidomide)/dexamethasone treatment group, 151 patients
(45%) underwent at least one dose interruption with or without a dose reduction
of REVLIMID (lenalidomide) compared to 21% in the placebo/dexamethasone
treatment group. Most adverse events and Grade 3 or 4 adverse events were more
frequent in patients who received the combination of REVLIMID
(lenalidomide)/dexamethasone compared to placebo /dexamethasone.

"The FDA approval of REVLIMID offers a new oral therapeutic option to this
particular group of patients with multiple myeloma," said Graham Burton, M.D.,
SVP, Regulatory Affairs and Pharmacovigilance for Celgene.
REVLIMID will be available in the following strengths: 5 mg, 10 mg, 15 mg,
and 25 mg capsules.

SAFETY NOTICE:
WARNINGS:

1. POTENTIAL FOR HUMAN BIRTH DEFECTS.
LENALIDOMIDE IS AN ANALOGUE OF THALIDOMIDE. THALIDOMIDE IS A KNOWN HUMAN
TERATOGEN THAT CAUSES SEVERE LIFE-THREATENING HUMAN BIRTH DEFECTS. IF
LENALIDOMIDE IS TAKEN DURING PREGNANCY, IT MAY CAUSE BIRTH DEFECTS OR DEATH TO
AN UNBORN BABY. FEMALES SHOULD BE ADVISED TO AVOID PREGNANCY WHILE TAKING
REVLIMID(R) (lenalidomide).

Special Prescribing Requirements

BECAUSE OF THIS POTENTIAL TOXICITY AND TO AVOID FETAL EXPOSURE TO REVLIMID
(lenalidomide), REVLIMID (lenalidomide) IS ONLY AVAILABLE UNDER A SPECIAL
RESTRICTED DISTRIBUTION PROGRAM. THIS PROGRAM IS CALLED "RevAssist(SM)". UNDER
THIS PROGRAM, ONLY PRESCRIBERS AND PHARMACISTS REGISTERED WITH THE PROGRAM CAN
PRESCRIBE AND DISPENSE THE PRODUCT. IN ADDITION, REVLIMID (lenalidomide) MUST
ONLY BE DISPENSED TO PATIENTS WHO ARE REGISTERED AND MEET ALL THE CONDITIONS OF
THE RevAssist(SM) PROGRAM.

2. HEMATOLOGIC TOXICITY (NEUTROPENIA AND THROMBOCYTOPENIA).
THIS DRUG IS ASSOCIATED WITH SIGNIFICANT NEUTROPENIA AND THROMBOCYTOPENIA.
EIGHTY PERCENT OF PATIENTS WITH DELETION 5Q MYELODYSPLASTIC SYNDROMES HAD TO
HAVE A DOSE DELAY/REDUCTION DURING THE MAJOR STUDY. THIRTY-FOUR PERCENT OF
PATIENTS HAD TO HAVE A SECOND DOSE DELAY/REDUCTION. GRADE 3 OR 4 HEMATOLOGIC
TOXICITY WAS SEEN IN 80% OF PATIENTS ENROLLED IN THE STUDY. PATIENTS ON THERAPY
FOR DELETION 5q myelodysplastic syndromes SHOULD HAVE THEIR COMPLETE BLOOD
COUNTS MONITORED WEEKLY FOR THE FIRST 8 WEEKS OF THERAPY AND AT LEAST MONTHLY
THEREAFTER. PATIENTS MAY REQUIRE DOSE INTERRUPTION AND/OR REDUCTION. PATIENTS
MAY REQUIRE USE OF BLOOD PRODUCT SUPPORT AND/OR GROWTH FACTORS. (SEE DOSAGE AND
ADMINISTRATION)

3. DEEP VENOUS THROMBOSIS AND PULMONARY EMBOLISM.
THIS DRUG HAS DEMONSTRATED A SIGNIFICANTLY INCREASED RISK OF DEEP VENOUS
THROMBOSIS (DVT) AND PULMONARY EMBOLISM (PE) IN PATIENTS WITH MULTIPLE MYELOMA
WHO WERE TREATED WITH REVLIMID (lenalidomide) COMBINATION THERAPY. PATIENTS AND
PHYSICIANS ARE ADVISED TO BE OBSERVANT FOR THE SIGNS AND SYMPTOMS OF
THROMBOEMBOLISM. PATIENTS SHOULD BE INSTRUCTED TO SEEK MEDICAL CARE IF THEY
DEVELOP SYMPTOMS SUCH AS SHORTNESS OF BREATH, CHEST PAIN, OR ARM OR LEG
SWELLING. IT IS NOT KNOWN WHETHER PROPHYLACTIC ANTICOAGULATION OR ANTIPLATELET
THERAPY PRESCRIBED IN CONJUNCTION WITH REVLIMID (lenalidomide) MAY LESSEN THE
POTENTIAL FOR VENOUS THROMBOEMBOLIC EVENTS. THE DECISION TO TAKE PROPHYLACTIC
MEASURES SHOULD BE DONE CAREFULLY AFTER AN ASSESSMENT OF AN INDIVIDUAL
PATIENT’S UNDERLYING RISK FACTORS.

You can get information about REVLIMID (lenalidomide) and the RevAssist(SM)
program on the Internet at www.REVLIMID.com or by calling the manufacturer’s
toll-free number at 1-888-423-5436.

IMPORTANT SAFETY INFORMATION
Hypersensitivity: REVLIMID(R) (lenalidomide) is contraindicated in any
patients who have demonstrated hypersensitivity to the drug or its components.

Renal impairment: REVLIMID (lenalidomide) is substantially excreted by the
kidney, so the risk of toxic reactions may be greater in patients with impaired
renal function. Because elderly patients are more likely to have decreased
renal function, care should be taken in dose selection, and it would be prudent
to monitor renal function.

Nursing mothers: It is not known whether REVLIMID (lenalidomide) is
excreted in human milk. Because of the potential for adverse reactions in
nursing infants, a decision should be made whether to discontinue nursing or
the drug, taking into account the importance of the drug to the mother.

Other adverse events: Multiple Myeloma (REVLIMID/dexamethasone)
constipation (39%), fatigue (38%), insomnia (32%), muscle cramp (30%), diarrhea
(29%), neutropenia (28%), anemia (24%), asthenia (23%), pyrexia (23%), nausea
(22%), headache ((21%), peripheal edema (21%), dizziness (21%), dyspnea (20%),
tremor (20%), decreased weight (18%), thrombocytopenia (17%), rash (16%), back
pain (15%), hyperglycemia (15%), and muscle weakness (15%).
Deletion 5q MDS (REVLIMID): diarrhea (49%), pruritus (42%), rash (36%),
fatigue (31%), constipation (24%), nausea (24%), nasopharyngitis (23%),
arthralgia (22%), pyrexia (21%), back pain (21%), peripheral edema (20%), cough
(20%), dizziness (20%), headache (20%), muscle cramp (18%), dyspnea (17%), and
pharyngitis (16%).

About REVLIMID(R)

REVLIMID is a member of a proprietary group of novel immunomodulatory
agents. Celgene continues to evaluate REVLIMID in a broad range of
hematological and oncological conditions. The IMiDs(R) pipeline, including
REVLIMID, is covered by a comprehensive intellectual property estate of U.S.
and foreign issued and pending patent applications including
composition-of-matter and use patents.

REVLIMID is indicated for use as a treatment in combination with
dexamethasone for previously treated multiple myeloma. REVLIMID is also
indicated for treatment of patients with transfusion-dependent anemia due to
low- or intermediate-1-risk myelodysplastic syndromes (MDS) associated with a
deletion 5q cytogenetic abnormality with or without additional cytogenetic
abnormalities.

About RevAssist(SM)

FOR FURTHER INFORMATION ABOUT REVLIMID AND THE RevAssist PROGRAM, YOU MAY
GO TO THE INTERNET AT www.REVLIMID.com OR BY CALLING THE MANUFACTURER’S TOLL
FREE NUMBER 1-888-4CELGENE. RevAssist(SM) is a proprietary risk-management
restrictive distribution program, tailored specifically for REVLIMID patients,
to prevent the potential for human birth defects and ensure prompt and
convenient access to REVLIMID.

About Multiple Myeloma

Multiple myeloma (also known as myeloma or plasma cell myeloma) is a cancer
of the blood in which malignant plasma cells are overproduced in the bone
marrow. Plasma cells are white blood cells that help produce antibodies called
immunoglobulins that fight infection and disease. However, most patients with
multiple myeloma have cells that produce a form of
immuno-globulin called paraprotein (or M protein) that does not benefit the
body. In addition, the malignant plasma cells replace normal plasma cells and
other white blood cells important to the immune system. Multiple myeloma cells
can also attach to other tissues of the body, such as bone, and produce tumors.
The cause of the disease remains unknown.

In the year 2005, there were approximately 200,000 people worldwide
suffering from multiple myeloma. An estimated 74,000 new cases of multiple
myeloma are expected in 2006. The estimated number of deaths from multiple
myeloma expected in 2006 is approximately 60,000 worldwide. Average survival
time for a patient diagnosed with multiple myeloma is about three to four
years.

About Myelodysplastic Syndromes

Myelodysplastic syndromes (MDS) are a group of hematologic malignancies
that affect approximately 300,000 people worldwide. Myelodysplastic syndromes
occur when blood cells remain in an immature or "blast" stage within the bone
marrow and never develop into mature cells capable of performing their
necessary functions. Eventually, the bone marrow may be filled with blast cells
suppressing normal cell development. According to the American Cancer Society,
10,000 to 20,000 new cases of MDS are diagnosed each year in the United States,
with mean survival rates ranging from approximately six months to six years for
the different classifications of MDS. MDS patients must often rely on blood
transfusions to manage symptoms of anemia and fatigue and may develop
life-threatening iron overload and/or toxicity from frequent transfusions, thus
underscoring the critical need for new therapies targeting the cause of the
condition rather than simply managing its symptoms.

About Deletion 5q Chromosomal Abnormality

Chromosomal (cytogenetic) abnormalities are detected in more than half of
patients with myelodysplastic syndrome (MDS), and involve a deletion in all or
part of one or more specific chromosomes. The most common cytogenetic
abnormalities in MDS are deletions in the long arm of chromosomes 5, 7, and 20.
Another common abnormality is an extra copy of chromosome 8. A deletion
involving the 5q chromosome may be involved in 20 to 30 percent of all MDS
patients. The World Health Organization has also recently identified a unique
subset of MDS patients with a "5q- Syndrome" where the only chromosomal
abnormality is a specific portion of the 5q chromosome.

Webcast

Celgene will host a conference call on June 30, 2006 at 8:30 a.m. EDT to
discuss the FDA approval of REVLIMID(R). The conference call will be available
by webcast at www.celgene.com. An audio replay of the call will be available
from noon EDT June 30, 2006 until midnight EDT July 10, 2006. To access the
replay, dial 1-800-642-1687 and enter Reservation Number 2521167.

About Celgene

Celgene Corporation, headquartered in Summit, New Jersey, is an integrated
global pharmaceutical company engaged primarily in the discovery, development
and commercialization of innovative therapies for the treatment of cancer and
inflammatory diseases through gene and protein regulation. For more
information, please visit the Company’s website at www.celgene.com.

REVLIMID(R) is a registered trademark of Celgene Corporation.
RevAssist(SM) is a service mark of Celgene Corporation.

This release contains forward-looking statements which are subject to known
and unknown risks, delays, uncertainties and other factors not under the
Company’s control, which may cause actual results, performance or achievements
of the Company to be materially different from the results, performance or
other expectations expressed or implied by these forward-looking statements.
These factors include results of current or pending research and development
activities, actions by the FDA and other regulatory authorities, and other
factors described in the Company’s filings with the Securities and Exchange
Commission such as our 10K, 10Q and 8K reports.

SOURCE: Celgene Corporation

CONTACT: Robert J. Hugin, President and COO
+1-908-673-9102

or Brian P. Gill, Senior Director, PR/IR
+1-908-673-9530

both of Celgene Corporation

Web site: http://www.celgene.com
http://www.REVLIMID.com
(CELG)

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