STOCK TITAN

Bristol-Myers Squibb Co. - BMY STOCK NEWS

Welcome to our dedicated news page for Bristol-Myers Squibb Co. (Ticker: BMY), a resource for investors and traders seeking the latest updates and insights on Bristol-Myers Squibb Co..

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bristol-Myers Squibb Co.'s stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Bristol-Myers Squibb Co.'s position in the market.

Rhea-AI Summary
Bristol Myers Squibb (BMY) announced two regulatory acceptances for applications for neoadjuvant Opdivo with chemotherapy followed by surgery and adjuvant Opdivo for the perioperative treatment of resectable stage IIA to IIIB non-small cell lung cancer. The U.S. FDA accepted the supplemental Biologics Application (sBLA) and assigned a Prescription Drug User Fee Act (PDUFA) goal date of October 8, 2024. The EMA also validated the type II variation application. The CheckMate -77T trial showed statistically significant improvements in event-free survival, pathologic complete response, and major pathologic response, with a consistent safety profile.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.26%
Tags
none
-
Rhea-AI Summary
Bristol Myers Squibb Company has achieved a top 10 ranking in the Pharmaceutical and Biotech Sector, reflecting the company's strong standing in issues that are important to Americans.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
none
-
Rhea-AI Summary
Bristol Myers Squibb and 2seventy bio, Inc. announced that the FDA will convene a virtual meeting of the Oncologic Drugs Advisory Committee to review data supporting the supplemental Biologics License Application for Abecma for triple-class exposed relapsed or refractory multiple myeloma. The meeting will focus on the secondary endpoint of overall survival from the pivotal Phase 3 KarMMa-3 study. Abecma has recently been approved in Japan and received a positive opinion for marketing authorization from the Committee for Medicinal Products for Human Use of the European Medicines Agency for patients with triple-class exposed relapsed and refractory multiple myeloma after at least two prior therapies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.5%
Tags
none
Rhea-AI Summary
Bristol Myers Squibb (BMY) reports fourth quarter revenues of $11.5 billion and full-year revenues of $45.0 billion. GAAP EPS for the full year was $3.86, and non-GAAP EPS was $7.51. The in-line and new product portfolio revenues increased by 9% to $9.8 billion in the fourth quarter and 7% to $37.9 billion for the full year. The company also strengthened its long-term growth profile through multiple transactions, including planned acquisitions of Karuna Therapeutics and RayzeBio, and a strategic collaboration with SystImmune. Additionally, Bristol Myers Squibb advanced its research pipeline, with the U.S. approval of Augtyro and FDA acceptance of sBLAs for Breyanzi in Follicular Lymphoma and Mantle Cell Lymphoma for Priority Review. The company provided 2024 guidance with revenues increasing by low single-digits and a non-GAAP EPS range of $7.10 to $7.40, excluding the impact of pending transactions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
-
Rhea-AI Summary
Bristol Myers Squibb announces FDA and MHLW acceptance of Breyanzi regulatory applications for treatment of FL and MCL, with Priority Review and PDUFA goal dates in 2024. Clinical trials show high rates of complete responses and no new safety signals.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.96%
Tags
none
-
Rhea-AI Summary
Bristol Myers Squibb announces groundbreaking results from the Phase 3 CheckMate -67T trial, evaluating the subcutaneous formulation of Opdivo in patients with advanced or metastatic clear cell renal cell carcinoma. The trial demonstrates noninferior pharmacokinetics, efficacy, and safety vs. the intravenous formulation, with subcutaneous nivolumab displaying noninferior objective response rate compared to IV Opdivo. The results will be presented at ASCO GU 2024, indicating potential practice-changing implications for cancer treatment.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Summary
Bristol Myers Squibb receives positive CHMP opinion for Abecma in the treatment of relapsed and refractory multiple myeloma. The recommendation is based on the Phase 3 KarMMa-3 study, showing Abecma's superiority over standard regimens, significantly improved progression-free survival, and a well-established safety profile. Approval by the European Commission would expand Abecma's indication, making it the first CAR T cell therapy available in the European Union for patients with triple-class exposed relapsed and refractory multiple myeloma.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.18%
Tags
none
-
Rhea-AI Summary
Bristol Myers Squibb (BMY) has completed its acquisition of Mirati Therapeutics, Inc., making Mirati a wholly owned subsidiary. The acquisition adds KRAZATI, a commercialized lung cancer medicine, and promising clinical assets to BMS' oncology portfolio. The transaction is expected to be dilutive to BMS' non-GAAP earnings per share by approximately $0.35 per share in 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
-
Rhea-AI Summary
Bristol Myers Squibb's Opdivo plus Yervoy demonstrated a 28% reduction in the risk of death vs. sunitinib after eight years for patients with previously untreated advanced or metastatic renal cell carcinoma. The combination showed improved survival and durable responses compared to sunitinib among intermediate- and poor-risk patients. The Phase 3 CheckMate -214 trial results were presented at ASCO GU 2024, showing that Opdivo plus Yervoy maintained efficacy after eight years, with improvements in overall survival, progression-free survival, overall response rate, and duration of response over sunitinib.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
none
Rhea-AI Summary
Bristol Myers Squibb and Exelixis, Inc. announced positive results from the CheckMate -9ER trial, showing that Opdivo in combination with CABOMETYX reduced the risk of death by 23% in the first-line treatment of advanced renal cell carcinoma vs. sunitinib. The combination also demonstrated superior progression-free survival (PFS) and objective response rates (ORR) in patients treated with Opdivo plus CABOMETYX over sunitinib, regardless of risk classification. The four-year follow-up results showed durable and clinically meaningful efficacy, with significant improvements in PFS, OS, ORR, and complete response (CR). No new safety concerns were identified in this follow-up analysis, and the combination regimen also showed benefits in patient subgroups across risk groups. The data will be presented at the ASCO GU 2024 Genitourinary Cancers Symposium.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.11%
Tags
none
Bristol-Myers Squibb Co.

NYSE:BMY

BMY Rankings

BMY Stock Data

97.81B
2.02B
0.1%
78.93%
1.73%
Pharmaceutical Preparation Manufacturing
Manufacturing
Link
US
New York

About BMY

The Bristol-Myers Squibb Company is an American multinational pharmaceutical company. Headquartered in New York City, BMS is one of the worlds largest pharmaceutical companies and consistently ranks on the Fortune 500 list of the largest U.S. corporations. For fiscal 2022, it had a total revenue of $46.2 billion.