Welcome to our dedicated page for Bristol-Myers Squibb news (Ticker: BMY), a resource for investors and traders seeking the latest updates and insights on Bristol-Myers Squibb stock.
Bristol Myers Squibb reports news on its pharmaceutical portfolio across oncology, cardiovascular disease and immunology, including regulatory decisions, clinical trial data, commercial access programs and product collaborations. Company updates include Sotyktu (deucravacitinib), a selective TYK2 inhibitor approved in the European Union for active psoriatic arthritis, and Eliquis (apixaban), an oral anticoagulant marketed through the Bristol Myers Squibb-Pfizer alliance.
Recurring developments also cover quarterly financial results, investor conference participation, debt and capital-market activity, research collaborations in cardiovascular and precision-medicine programs, and community initiatives tied to multiple myeloma care. The company’s news flow combines product-specific regulatory milestones with broader disclosures on operating performance and pipeline partnerships.
Century Therapeutics (NASDAQ: IPSC) and Bristol Myers Squibb (NYSE: BMY) have announced a collaboration to develop allogeneic cell therapies targeting hematologic malignancies and solid tumors. Century will receive $150M, including $100M upfront and a $50M equity investment. Additional payments could exceed $3B based on program milestones. The first two programs focus on acute myeloid leukemia and multiple myeloma, leveraging Century's innovative iPSC technology.
Bristol Myers Squibb (NYSE:BMY) highlighted its growth strategy during the J.P. Morgan Healthcare Conference. The company announced a $5 billion share repurchase plan for Q1 2022, alongside guidance for 2022 total revenues of approximately $47 billion. Key drivers for growth include a diverse product portfolio expected to generate $10-$13 billion in revenue by 2025, promising mid- to late-stage assets, and a robust early-stage pipeline. Additionally, BMY reaffirmed its long-term financial targets, emphasizing strong cash flows of $45-$50 billion from 2022 to 2024.
Bristol Myers Squibb (BMY) has expanded its partnership with ZS, a professional services firm, to enhance its worldwide commercial analytics capabilities. This agreement builds on a successful collaboration initiated in 2015, focusing on BMS’s Business Insights & Analytics group. The partnership aims to utilize data science, marketing mix strategies, forecasting, and brand analytics across over 65 markets. ZS, with over 35 years of experience, is committed to helping BMS drive impactful decision-making to improve patient outcomes.
Bristol Myers Squibb (NYSE: BMY) will present at J.P. Morgan’s 40th Annual Virtual Healthcare Conference on January 10, 2022. The formal presentation by Giovanni Caforio, M.D., Board Chair and CEO, is scheduled for 7:30 a.m. ET. The event will be webcast live, with related materials available beforehand. A replay and archived version will be accessible after the event. Bristol Myers Squibb is committed to discovering and delivering innovative medicines for serious diseases.
Bristol Myers Squibb (NYSE:BMY) will announce its fourth quarter 2021 results on February 4, 2022. The company will host a conference call at 8 a.m. ET to discuss financial outcomes and answer questions from analysts and investors.
Participants can access the live webcast at BMS.com or through dial-in options. A replay will be available three hours post-call until February 18, 2022.
Bristol Myers Squibb (NYSE:BMY) has announced that the U.S. Food and Drug Administration (FDA) has approved Orencia® (abatacept) for preventing acute graft versus host disease (aGvHD) in patients receiving hematopoietic stem cell transplants. This marks the fourth FDA indication for Orencia, which is already established in treating several rheumatic diseases. The approval is particularly significant given the higher risk of aGvHD in racial and ethnic minority populations due to challenges in finding matched donors.
Exelixis, Inc. has initiated the dose-escalation stage of the STELLAR-002 trial, exploring XL092, a next-generation tyrosine kinase inhibitor, in combination with immuno-oncology therapies for advanced cancers. Collaborating with Bristol-Myers Squibb and Nektar Therapeutics, the trial aims to assess safety and efficacy among patients with advanced solid tumors. The study will focus on renal cell carcinoma, urothelial carcinoma, and metastatic castration-resistant prostate cancer, with primary endpoints including objective response rates and progression-free survival.
Bristol Myers Squibb (BMY) has secured a global exclusive license to Immatics' (IMTX) TCR bispecific program IMA401. This strategic collaboration involves an upfront payment of $150 million to Immatics, alongside potential milestone payments totaling $770 million and tiered double-digit royalties on net sales. IMA401 targets MAGEA4/8 antigens prevalent in solid tumors and has shown promising preclinical anti-tumor activity. The clinical trial is expected to start in the first half of 2022, enhancing both companies' oncology portfolios.
Bristol Myers Squibb (NYSE: BMY) announced on December 10, 2021, a 10.2% increase in its quarterly dividend to $0.54 per share, marking the thirteenth consecutive fiscal year of dividend growth. The increase, effective February 1, 2022, reflects the company's strong financial position and commitment to shareholder returns. Additionally, the Board approved a $15 billion multi-year share repurchase program, bringing total repurchase authorization to approximately $15.2 billion, allowing management flexibility based on market conditions.
Bristol Myers Squibb (NYSE: BMY) announced that Breyanzi significantly improved event-free survival (EFS) compared to standard chemotherapy in the Phase 3 TRANSFORM study for relapsed or refractory large B-cell lymphoma (LBCL). The trial showed a median EFS of 10.1 months for Breyanzi versus 2.3 months for chemotherapy, representing a 65% reduction in risk of events. Breyanzi also demonstrated a manageable safety profile with low rates of severe adverse events. The findings were disclosed at the ASH Annual Meeting, marking a potential shift in treatment standards.