Bristol-Myers Squibb Co Stock Price, News & Analysis

Bristol Myers Squibb (NYSE: BMY) has appointed Cristian Massacesi, M.D. as Executive Vice President, Chief Medical Officer, and Head of Development, effective August 1, 2025. Dr. Massacesi, who brings over 20 years of global biopharmaceutical experience, will oversee the company's early-stage and late-stage product development across all therapeutic areas.

He joins from AstraZeneca where he served as Chief Medical Officer of AstraZeneca and Alexion, leading a global team of over 3,000 employees and securing multiple regulatory approvals. The current Executive Vice President, Samit Hirawat, M.D., will step down from his role on August 1 and depart BMS on November 1, 2025, after six years of service during which the company achieved numerous product approvals across multiple therapeutic areas.

Bristol Myers Squibb (NYSE:BMY) announced that its supplemental New Drug Application (sNDA) for Sotyktu (deucravacitinib) for treating adults with active psoriatic arthritis has been accepted for review in four global regions, including the FDA with a target action date of March 6, 2026.

The applications are supported by positive results from the POETYK PsA-1 and POETYK PsA-2 clinical trials, where Sotyktu demonstrated significantly higher ACR20 response rates compared to placebo at Week 16. The drug maintained clinical response through Week 52 in the POETYK PsA-2 trial, with a safety profile consistent with previous studies.

If approved, Sotyktu would become the first TYK2 inhibitor for psoriatic arthritis. The drug was previously approved by the FDA in 2022 for moderate-to-severe plaque psoriasis and has shown durable efficacy across over 20,000 patient-years of experience.

Bristol Myers Squibb (NYSE: BMY) announced that its Phase 3 INDEPENDENCE trial for Reblozyl® (luspatercept-aamt) did not meet its primary endpoint in treating myelofibrosis-associated anemia. Despite missing statistical significance (p=0.0674), the trial showed clinically meaningful improvements in red blood cell transfusion independence.

The study demonstrated positive secondary outcomes, including a higher number of patients achieving a 50% reduction in RBC transfusion burden and increased hemoglobin levels while maintaining transfusion independence. The safety profile remained consistent with previous findings across indications. Despite not meeting the primary endpoint, BMS plans to engage with FDA and EMA regarding potential marketing applications based on the overall positive clinical benefits observed.

Bristol Myers Squibb (NYSE:BMY) and Pfizer have announced a significant direct-to-patient program for their anticoagulant medication Eliquis® (apixaban). Starting September 8, 2025, eligible U.S. patients can purchase Eliquis directly through the Eliquis 360 Support program at a 40% discount from the current list price.

The program will provide direct shipping across all 50 states and Puerto Rico, offering simplified access and cost transparency. With over 15 million Americans prescribed Eliquis since launch, the medication has generated an estimated $3 billion in healthcare cost savings per 100,000 patients treated through reduced hospitalizations and rehabilitation needs.

Bristol Myers Squibb (NYSE: BMY) announced FDA approval of significant label updates for its CAR T cell therapies Breyanzi and Abecma. The updates include reduced patient monitoring requirements and removal of REMS programs, reflecting increased confidence in the therapies' safety profiles.

Key changes include reduction of driving restrictions from 8 to 2 weeks and requirement to stay near healthcare facilities reduced from 4 to 2 weeks post-treatment. Currently, only 2 in 10 eligible patients receive cell therapy treatment due to logistical and geographic barriers.

BMS will work with over 150 treatment centers to implement these changes and expand into community cancer centers nationwide, aiming to increase accessibility to these potentially life-saving treatments.

Bristol Myers Squibb (NYSE: BMY) has declared its latest quarterly dividend payments. The company will pay a quarterly dividend of $0.62 per share on its common stock, payable on August 1, 2025, to stockholders of record as of July 3, 2025. Additionally, BMY announced a quarterly dividend of $0.50 per share on its $2.00 convertible preferred stock, which will be paid on September 2, 2025, to stockholders of record as of August 5, 2025. This dividend announcement reflects BMY's commitment to providing regular returns to its shareholders.

Bristol Myers Squibb announced groundbreaking results from the TRANSCEND FL trial's marginal zone lymphoma cohort evaluating Breyanzi (lisocabtagene maraleucel). The study showed remarkable efficacy with 95.5% overall response rate and 62.1% complete response rate in relapsed/refractory MZL patients. At 24 months, 88.6% maintained response duration, with 85.7% progression-free survival and 90.4% overall survival. Safety profile remained consistent, with manageable cytokine release syndrome (76% any grade, 4% Grade 3) and neurologic events (33% any grade, 4% Grade 3). This marks Breyanzi's success in a fifth cancer type, the most among CD19-directed CAR T therapies. The therapy demonstrated particular promise for MZL patients, who typically face a 3-5 year median survival after multiple relapses.

Bristol Myers Squibb (NYSE: BMY) presented promising data from its targeted protein degradation platform at EHA 2025, featuring clinical findings on CELMoD agents and BCL6 ligand-directed degrader. Key highlights include mezigdomide showing 75-85% overall response rates in multiple myeloma, iberdomide demonstrating 88.9% response rate in newly diagnosed multiple myeloma, and golcadomide achieving up to 94% response rate in follicular lymphoma when combined with rituximab. The first-in-human study of BCL6 LDD (BMS-986458) showed an 81% overall response rate in non-Hodgkin lymphoma. Multiple Phase 3 trials are ongoing with data readouts expected between 2025-2030. The company's protein degraders are designed to target specific disease-driving proteins and potentially enhance existing therapies' efficacy.

Bristol Myers Squibb (NYSE: BMY) has scheduled its second quarter 2025 financial results announcement for Thursday, July 31, 2025. The company will host a conference call and live webcast at 8:00 a.m. ET, where executives will discuss the quarterly performance with the investment community. Investors and the public can access the webcast at investor.bms.com, where related materials will be available before the call. A replay will be accessible approximately three hours after the call concludes at the same website.