UPDATE 1-Bristol-Myers misses main goal of late-stage skin cancer trial [Yahoo! Finance News]
Bristol-Myers Squibb Company (BMY)
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Source: Yahoo! Finance News
UPDATE 1-Bristol-Myers misses main goal of late-stage skin cancer trial ds share price, trial details) Nov 20 ) - Bristol-Myers Squibb Co said on Wednesday a late-stage trial testing a combination of its cancer drugs missed a main goal of preventing skin cancer from recurring in a certain group of patients, sending its shares down nearly 1%. The company said the trial will continue unchanged as per the recommendation of a data monitoring committee. The trial was testing Bristol-Myers' drugs Opdivo and Yervoy, against Opdivo alone, in patients with advanced melanoma. The combination failed to show a statistically significant benefit in patients whose tumors had 1% or lower levels of the PD-L1 protein being targeted, the company said. The American Cancer Society estimates that about 96,480 melanoma cases will be diagnosed in the United States this year. Bristol-Myers shares were trading at $55.99 before the bell. Reporting by Dania Nadeem in Bengaluru; Editing by Shounak Dasgupta)
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BMY
Earnings
- 4/25/24 - Miss
BMY
Sec Filings
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- 4/22/24 - Form DEFA14A
- BMY's page on the SEC website