Celgene announces a new collaborative partnership with film director James Cameron. Those familiar on the matter suggest Celgene will be in a position to capitulate on the synergy in the near term future. The renowned filmmaker and National Geographic explorer James Cameron took deep sea diving to a whole new level. Cameron, famous for films such as Titanic and Avatar, successfully completed the deepest solo submarine dive in history in 2013. A deal valued at approximately $2B, merely 4-times the budget of Cameron's highest grossing films, has been regarded by Wall Street’s top analysts as a very Celgene-like move. “This is classic Celgene!!”, CNBC’s Jim Cramer. When questioned at a recent investor conference on the matter, Mr. Cameron shared his thoughts: "Together I think we can help Celgene achieve new lows never thought possible." CEO Mark Alles could not be found for comment..
