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Bristol-Myers earnings jump 27 pct, trounce expectations
2015-04-28 15:32:01| Biotech - Topix.net
Higher sales of key new medicines and cost cuts helped lift drugmaker Bristol-Myers Squibb Co.' s first-quarter profit by nearly 27 percent.
Tags: jump
expectations
earnings
pct
Bristol-Myers could spend $2.2B in deal with Dutch biotech
2015-04-06 19:30:13| Biotech - Topix.net
Drugmaker Bristol-Myers Squibb said Monday it will work with Dutch biotechnology company uniQure to develop gene therapies for cardiovascular diseases. The companies will focus first on a treatment for congestive heart failure.
Tags: deal
spend
dutch
biotech
FDA approves Bristol-Myers drug for lung cancer
2015-03-04 21:48:13| Biotech - Topix.net
The Food and Drug Administration on Wednesday expanded approval of an innovative Bristol-Myers Squibb drug to treat the most common form of lung cancer. Regulators cleared Opdivo for patients with advanced squamous non-small cell lung cancer, which accounts for seven out of eight lung cancer patients.
Bristol-Myers adds to cancer-treatment push with acquisition
2015-02-23 17:07:55| Biotech - Topix.net
Bristol-Myers Squibb is using an acquisition that could be worth more than $1 billion and a separate collaboration agreement to continue its push into developing cancer treatments that use a patient's immune system to attack the disease. The New York drugmaker said Monday that it will buy the privately held biotechnology company Flexus for $800 million up front and another $450 million in possible milestone payments.
Tags: push
acquisition
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bristolmyers
Pension charge, lower sales slash Bristol-Myers' Q4 profit
2015-01-28 06:17:30| Biotech - Topix.net
Bristol-Myers Squibb Co. barely broke even in the fourth quarter, due to a whopping pension charge and slightly lower prescription drug sales, but the drugmaker easily beat Wall Street's muted profit expectations.
Tags: sales
lower
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