Article: Celgene Corporation Reports Record Operating Performance and Key Clinical and Regulatory Progress.

Record Second Quarter Revenue and Profits:

- Total Revenue Increased 66 Percent Year-Over-Year

- Net Operating Profits Increased More Than 300 Percent Year-Over-Year

- Earnings Per Diluted Share More Than Doubled Year-Over-Year

- Company Affirms 2005 Financial Targets

REVLIMID(R), THALOMID(R) and FOCALIN XR(TM) Clinical and Regulatory Programs Advanced:

- FDA Granted Priority Review for REVLIMID NDA for Treatment of Low and Intermediate Risk MDS with Deletion 5q Chromosomal Abnormality; PDUFA date October 7, 2005

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