Welcome to our dedicated page for Bristol-Myers Squibb Co news (Ticker: BMY), a resource for investors and traders seeking the latest updates and insights on Bristol-Myers Squibb Co stock.
Bristol Myers Squibb (NYSE: BMY) generates frequent news across drug development, regulatory milestones, clinical data and corporate actions, reflecting its role as a global biopharmaceutical company focused on serious diseases. News coverage on this page centers on how the company’s cardiovascular, oncology, hematology, immunology and neuroscience programs progress from clinical trials to regulatory decisions and real-world use.
Recent updates have highlighted positive Phase 3 trial results for Camzyos (mavacamten) in adolescents with symptomatic obstructive hypertrophic cardiomyopathy in the SCOUT-HCM study, including statistically significant improvements in left ventricular outflow tract gradients and safety findings consistent with adult experience. Other headlines feature regulatory developments such as the U.S. Food and Drug Administration granting priority review to an Opdivo (nivolumab) plus chemotherapy combination for previously untreated advanced classical Hodgkin lymphoma, and the FDA’s approval of Breyanzi (lisocabtagene maraleucel; liso-cel) for adults with relapsed or refractory marginal zone lymphoma.
Investors and followers of BMY can also expect news on hematology research presented at major medical meetings, including data on investigational targeted protein degradation agents like golcadomide and BMS-986458, and long-term follow-up results for Breyanzi in large B-cell and follicular lymphomas. Corporate and financial items appear as well, such as dividend declarations, debt offerings, tender offers for outstanding notes, and presentations at healthcare investment conferences.
This news feed brings together company press releases, clinical trial readouts, regulatory updates, access and affordability agreements, and SEC-reported events. For users tracking BMY stock, it offers a single place to review how Bristol Myers Squibb’s pipeline, marketed products and capital markets activity evolve over time. Bookmark this page to quickly review new trial results, FDA decisions, access initiatives and financial disclosures related to Bristol Myers Squibb.
Bristol-Myers Squibb (NYSE:BMY), through its subsidiary Celgene, announced the launch of 20 offers to purchase various notes for a total cash purchase price of up to $4 billion. The offers include up to $950 million for 2023 Pool Notes, $1.5 billion for 2024 Pool Notes, $650 million for 2025 Pool Notes, and $900 million for High Coupon Pool Notes. Tendering deadlines for holders to receive the Total Consideration are set for February 18, 2021 for early tender and March 4, 2021 for expiration. The Offers are aimed at optimizing the company's debt structure.
Bristol Myers Squibb (NYSE: BMY) has secured a global exclusive license from The Rockefeller University to develop and commercialize a new monoclonal antibody (mAb) treatment targeting the SARS-CoV-2 virus. This novel therapy combines two highly potent mAbs designed to neutralize the virus and block its spike protein, making it effective against various variants. Phase 1 clinical trials are currently underway to determine dosing and safety. Should the trials succeed, Bristol Myers Squibb aims to ensure the treatment's global accessibility and affordability.
Bristol Myers Squibb (NYSE: BMY) and WuXi STA, a subsidiary of WuXi AppTec, announced the agreement for WuXi STA to purchase Bristol Myers Squibb's manufacturing facility in Couvet, Switzerland. This facility will be WuXi STA's first in Europe, enhancing its capabilities and capacity. The transaction is expected to close by Q2 2021, pending regulatory approvals. The Couvet site will continue operating under Bristol Myers Squibb until the close, which includes operational assets and skilled workforce. The facility emphasizes quality, safety, and efficiency.
Bristol Myers Squibb (NYSE:BMY) announced positive results from its pivotal Phase 3 trial, POETYK PSO-2, evaluating deucravacitinib, a selective TYK2 inhibitor, for moderate to severe plaque psoriasis. The trial demonstrated that patients receiving deucravacitinib 6 mg daily achieved significant improvement in Psoriasis Area and Severity Index (PASI 75) and a clear assessment on the Physician's Global Assessment (sPGA). It also outperformed Otezla in key secondary endpoints. The safety profile remains consistent with prior studies. Further evaluation will be shared at a medical meeting.
Bristol Myers Squibb (NYSE:BMY) announced that the FDA has accepted its supplemental New Drug Application (sNDA) for Zeposia (ozanimod) to treat adults with moderately to severely active ulcerative colitis, setting a PDUFA goal date of May 30, 2021. The sNDA is based on the True North Phase 3 trial, which demonstrated significant efficacy for Zeposia in achieving clinical remission at 10 weeks and maintenance at 52 weeks. The trial met primary endpoints with consistent safety results. Zeposia is already approved for multiple sclerosis.
Bristol Myers Squibb (NYSE: BMY) announced FDA approval for OPDIVO® (nivolumab) combined with CABOMETYX® (cabozantinib) for first-line treatment of advanced renal cell carcinoma (RCC). The approval stemmed from the Phase 3 CheckMate-9ER trial, which demonstrated superior efficacy in progression-free survival (PFS), overall survival (OS), and objective response rate (ORR) compared to sunitinib. Significant findings include a 40% reduction in mortality risk and a median PFS of 16.6 months for OPDIVO plus CABOMETYX. The combination could become a standard treatment for advanced kidney cancer.
Bristol Myers Squibb (NYSE:BMY) announced a change in the timing for its fourth quarter 2020 earnings conference call. The call will now take place on Thursday, February 4, 2021, at 10 a.m. ET. Company executives will discuss the financial results and answer questions from investors. The call can be accessed via a live webcast or by phone. A replay will be available after the call ends until February 18, 2021. For additional information, materials related to the call will be available on their investor website.
Bristol Myers Squibb (NYSE: BMY) announced that the FDA has accepted its supplemental Biologics License Application for Opdivo® (nivolumab) combined with chemotherapy for patients with advanced gastric cancer, gastroesophageal junction cancer, or esophageal adenocarcinoma. The application received Priority Review status, with a PDUFA goal date of May 25, 2021. The filing is based on the CheckMate -649 trial, demonstrating significant improvements in overall and progression-free survival for treated patients. Opdivo's safety profile aligns with established expectations.
Bristol Myers Squibb (NYSE: BMY) announced the FDA's acceptance of its supplemental Biologics License Application for Opdivo (nivolumab) to treat resected esophageal or gastroesophageal junction cancer after neoadjuvant chemoradiation therapy. This application, which has been granted Priority Review, is expected to achieve a goal date by May 20, 2021. The filing is based on the CheckMate -577 trial, demonstrating a significant improvement in disease-free survival for patients post-surgery. Opdivo continues to show promise across various cancer types.
Bristol Myers Squibb (NYSE: BMY) has authorized an incremental share repurchase program, increasing its total to approximately $6.4 billion. The additional $2 billion in buybacks aims to enhance shareholder value, with timing and method of repurchases left to management's discretion. Share repurchases may occur through various means including open market purchases and accelerated share repurchase transactions. The company emphasizes that it is not obligated to buy back any specific amount of shares and can suspend the program at any time.