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Bristol Myers says Opdivo performs well in kidney, lung cancer trials [Yahoo! Finance News]

Bristol-Myers Squibb Company (BMY) 
Last bristol-myers squibb company earnings: 2/6 07:05 am Check Earnings Report
US:NYSE Investor Relations: bms.com/investors.html
NEW YORK, April 20 Reuters) - Bristol Myers Squibb Co said on Monday that its blockbuster cancer immunotherapy Opdivo performed well in two separate late-stage trials, prolonging survival in previously untreated patients with kidney cancer and lung cancer.Opdivo is one of Bristol’s top-selling drugs, but sales of the drug have slowed in recent years as it has been eclipsed by Merck & Co’s rival drug Keytruda.New Jersey-based Bristol said Opdivo used in combination with Exilixis Inc's drug Cabometyx significantly improved progression-free survival - a measure of the drugs' ability to delay the disease worsening - in patients with advanced kidney cancer. That is in comparison to patients who received Pfizer's Sutent.It said the drug combination also improved overall survival and objective response rate - a measure of whether patients saw a reduction in tumor size. The company did not release more specific data, which it plans to present at an upcoming medical conference.Opdivo is alread Show less Read more
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