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Bristol-Myers Squibb will win big with melanoma combination immunotherapy

June 24, 2015 3:49 pm | by GlobalData | News | Comments

Data presented at the recent American Society of Clinical Oncology (ASCO) Annual Meeting 2015 by Bristol-Myers Squibb (BMS) suggests that its Opdivo/Yervoy combination of immunotherapies to treat metastatic melanoma will shape the therapeutic landscape....

Bristol-Myers Squibb is an overvalued company in an expensive sector

June 18, 2015 12:35 pm | by Seeking Alpha | News | Comments

In my view, the market is set to crash at a certain point in the future. The reason? If the FED...

Investigational Hep C Drugs Receive Breakthrough Therapy Designation

May 20, 2015 10:20 am | by Business Wire | News | Comments

Bristol-Myers Squibb Company today announced that the U.S. Food and Drug Administration (FDA)...

Bristol-Myers Squibb Reports First Quarter Financial Results

April 28, 2015 11:19 am | by Business Wire | News | Comments

Bristol-Myers Squibb reported results for the first quarter of 2015, which were highlighted by...

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Growth in Melanoma Treatment Driven by Bristol-Myers Squibb

April 16, 2015 11:35 am | News | Comments

The global treatment market for melanoma will expand more than fourfold in value from $1.34 billion in 2013 to reach an estimated $5.64 billion by 2023.

Bristol-Myers Squibb Completes Acquisition of Flexus Biosciences

April 9, 2015 12:02 pm | by Bristol-Myers Squibb | News | Comments

Bristol-Myers Squibb has announced that it has completed its acquisition of Flexus Biosciences, Inc.

BMS Acquires Exclusive License from Novo Nordisk for a Discovery Research Program Focused on Autoimmune Diseases

March 24, 2015 8:16 am | News | Comments

Bristol-Myers Squibb Company has signed an agreement with Novo Nordisk under which Bristol-Myers Squibb will acquire an exclusive global license to a discovery biologics research program focused on modulating the innate immune system as a therapy for autoimmune diseases.

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FDA Approves Opdivo for the Treatment of Patients with Previously Treated Metastatic Squamous Non-Small Cell Lung Cancer

March 4, 2015 11:04 pm | News | Comments

Bristol-Myers Squibb Company has announced that the U.S. Food and Drug Administration (FDA) has approved Opdivo (nivolumab) injection, for intravenous use, for the treatment of patients with metastatic squamous non-small cell lung cancer (NSCLC) with progression on or after platinum-based chemotherapy.

Bristol-Myers: Drug Combo Cured Hepatitis C in 97% with HIV

February 27, 2015 8:22 am | by LINDA A. JOHNSON, AP Business Writer | News | Comments

Bristol-Myers Squibb Co. said Thursday that an experimental combination of two hepatitis C drugs — its daclatasvir and Gilead Sciences Inc.'s blockbuster drug Sovaldi — cured hepatitis C in just 12 weeks in nearly all the patients, who also are infected with the HIV virus.

Jacobs to Design Ireland Biologic Facility for BMS

February 24, 2015 8:03 am | News | Comments

Jacobs Engineering Group has received a contract from Bristol-Myers Squibb Company to provide architectural and engineering services for a new large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland.

Bristol-Myers Squibb to Acquire Flexus Biosciences

February 23, 2015 8:08 am | News | Comments

Bristol-Myers Squibb and Flexus Biosciences announced today the companies have signed a definitive agreement under which Bristol-Myers Squibb will acquire all of the outstanding capital stock of Flexus, a privately held biotechnology company focused on the discovery and development of novel anti-cancer therapeutics.

Merck Takes Full Promotional Responsibility for Erbitux in Japan

February 13, 2015 8:43 am | News | Comments

Merck has announced that the company and Bristol-Myers Squibb have agreed to transfer full responsibility for the promotion of Erbitux® (cetuximab) to Merck in Japan as of May 1, 2015

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FDA Approves BMS’s Evotaz™ for the Treatment of HIV-1 Infection in Adults

January 30, 2015 8:42 am | News | Comments

Evotaz is coformulated to be one pill, once-daily, combining the protease inhibitor atazanavir, which is marketed as Reyataz (atazanavir 200 mg/300 mg) capsules, and cobicistat, a pharmacokinetic enhancer marketed by Gilead Sciences.   

Photo of the Day - HIV Drug Protests in Peru

January 22, 2015 3:14 pm | by Mike Auerbach, Editor In Chief | News | Comments

In Peru, BMS' atazanavir is available as a second-line HIV drug, but its high price is out of reach of many Peruvians with HIV/AIDS.                     

Bristol-Myers Names Caforio as CEO

January 21, 2015 8:01 am | News | Comments

Bristol-Myers Squibb has named its chief operation officer, Giovanni Caforio, as its new CEO. He will take over after the company's annual shareholders' meeting on May 5, replacing current CEO, Lamberto Andreotti.      

Merck Races Bristol-Myers Squibb as it Seeks New OK for Cancer Drug

January 13, 2015 8:22 am | by LINDA A. JOHNSON, AP Business Writer | News | Comments

Merck is ratcheting up its race with rival Bristol-Myers Squibb Co. for leadership in one of today's hottest research areas, immuno-oncology, which harnesses the immune system to fight cancer.          

Bristol-Myers' Stock Jumps on Opdivo Phase III Trial Results

January 12, 2015 8:03 am | by The Associated Press | News | Comments

Better patient survival rates prompted Bristol-Myers Squibb to bring an early end to an advanced study of a potential treatment for one of the most common forms of lung cancer. Company shares jumped Monday in premarket trading after the company said Opdivo met the main goal of a late-stage study by demonstrating better overall patient survival.

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Bristol-Myers Squibb and California Institute for Biomedical Research to Collaborate on New Treatment Approaches for Fibrotic Diseases

January 5, 2015 8:30 am | News | Comments

Bristol-Myers Squibb Company and the California Institute for Biomedical Research (Calibr) announced today they have entered into a worldwide research collaboration to develop novel small molecule anti-fibrotic therapies, and an exclusive license agreement that allows Bristol-Myers Squibb to develop, manufacture and commercialize Calibr’s preclinical compounds resulting from the collaboration.

FDA Approves BMS' Melanoma Drug

December 22, 2014 4:30 pm | News | Comments

The agency approved Opdivo for patients with hard-to-treat melanoma that cannot be removed through surgery or has spread throughout the body. The approval was based on preliminary studies showing the drug helped shrink tumors in some patients. 

GlobalData: Patent Cliff Means Pharmaceutical Companies Will Lose $65B by 2019

December 10, 2014 9:24 am | News | Comments

Pharmaceutical companies will suffer an estimated $65B drop in sales by 2019 due to the patent expiries of several leading drugs, according to research and consulting firm GlobalData. The company’s report states that the drug makers hit hardest will include Otsuka, Eli Lilly, and AstraZeneca, with a significant proportion of losses coming in the Central Nervous System treatment sector.

FDA Blocks BMS' Hepatitis C Drug

November 26, 2014 2:11 pm | by By The Associated Press | News | Comments

U.S. regulators have declined to approve Bristol-Myers Squibb's daclatasvir as part of a combination hepatitis C treatment with another antiviral drug called asunaprevir. The company says data it submitted to the FDA to win approval of daclatasvir focused on that drug's use with asunaprevir.

BMS and Five Prime Therapeutics to Evaluate Investigational Immunotherapies Opdivo and FPA008 in Six Tumor Types

November 24, 2014 4:09 pm | News | Comments

Bristol-Myers Squibb Company and Five Prime Therapeutics have entered into an exclusive clinical collaboration agreement to evaluate the safety, tolerability and preliminary efficacy of combining Opdivo, Bristol-Myers Squibb’s investigational PD-1 immune checkpoint inhibitor, with FPA008, Five Prime’s monoclonal antibody that inhibits colony stimulating factor-1 receptor.

BMS to Construct a New Large-Scale Biologics Manufacturing Facility in Cruiserath, Ireland

November 17, 2014 8:31 am | News | Comments

Bristol-Myers Squibb Company has announced plans to construct a new state-of-the-art, large-scale biologics manufacturing facility in Cruiserath, County Dublin, Ireland, that will produce multiple therapies for the company’s growing biologics portfolio.

Bristol-Myers Squibb to Acquire Galecto Biotech AB and Its Novel Galectin-3 Inhibitor

November 3, 2014 7:31 pm | News | Comments

Bristol-Myers Squibb and Galecto Biotech AB have entered into an agreement that provides Bristol-Myers Squibb the exclusive option to acquire Galecto Biotech AB and gain worldwide rights to its lead asset TD139, a novel inhaled inhibitor of galectin-3 in Phase 1 development for the treatment of idiopathic pulmonary fibrosis and other pulmonary fibrotic conditions.

Bristol-Myers Squibb Tops Wall Street Third Quarter Forecasts

October 24, 2014 8:39 am | by The Associated Press | News | Comments

Bristol-Myers Squibb reported third-quarter profit of $721 million. The New York-based company said it had profit of 43 cents per share. Earnings, adjusted for non-recurring costs, came to 45 cents per share. The results beat Wall Street expectations.

Bristol-Myers Squibb, Pharmacyclics and Janssen Announce Clinical Collaboration to Evaluate OPDIVO® and IMBRUVICA® in Non-Hodgkin Lymphoma

October 14, 2014 8:48 am | News | Comments

The Phase 1/2 study will focus on evaluating the safety and anti-tumor activity of combining OPDIVO and IMBRUVICA as a potential treatment option for patients with non-Hodgkin lymphoma (NHL), including diffuse large B-cell lymphoma (DLBCL), follicular lymphoma (FL) and chronic lymphocytic leukemia (CLL).

Bristol-Myers Squibb Withdraws NDA for Hepatitis C Treatment

October 7, 2014 8:43 am | News | Comments

Bristol-Myers Squibb has decided that it will not pursue FDA approval of the dual regimen of daclatasvir and asunaprevir for the treatment of HCV genotype 1b patients in the United States and has therefore withdrawn its new drug application (NDA) for asunaprevir, an NS3/4A protease inhibitor.

Bristol-Myers Squibb and MD Anderson Cancer Center to Collaborate on Immuno-Oncology Focused Therapies for Leukemia and Hematologic Malignancies

October 6, 2014 8:10 am | News | Comments

Bristol-Myers Squibb Company and The University of Texas MD Anderson Cancer Center today announced a novel clinical research collaboration to evaluate multiple immunotherapies, including Opdivo, Yervoy and three early-stage clinical immuno-oncology assets from Bristol-Myers Squibb, as potential treatment options for acute and chronic leukemia as well as other hematologic malignancies.

Bristol-Myers Squibb to Transfer $1.4B in U.S. Pension Obligations to Prudential

October 1, 2014 8:20 am | News | Comments

Bristol-Myers Squibb Company will settle $1.4B in pension obligations through the purchase of a group annuity contract from The Prudential Insurance Company of America for approximately 8,000 U.S. retirees and their beneficiaries who started receiving their monthly retirement benefit payments on or before June 1, 2014.

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