Celgene's (CELG +0.00%) new psoriatic arthritis drug Otezla isn't going to beat the current offerings from AbbVie (ABBV +0.16%), Johnson & Johnson (JNJ +2.20%), and Amgen (AMGN +0.51%) on an efficacy basis.
But it doesn't have too. Unlike Humira, Remicade, Enbrel, and the rest of the injected or infused biologics, Otezla is taken orally, giving Celgene a distinct advantage over AbbVie, Johnson & Johnson, and Amgen.
That doesn't mean Otezla will be an instant blockbuster though. As Fool contributor Brian Orelli and health-care bureau chief Max Macaluso discuss in the video below, Celgene needs to find a sweat spot, positioning Otezla between oral generics and the biologics doctors are comfortable prescribing.






