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0.000531302576817518 0.00123970601257417 -0.000708403435756648 -0.0014168068715133 -0.00549012662711418 -0.00433897104400952 -0.0100947489595325 -0.00708403435756661
Stock impact report

JPM26: J&J reveals oncology strategy [Yahoo! Finance]

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
Company Research Source: Yahoo! Finance
Duato identified six major growth drivers, three in pharma (oncology, immunology, and neuroscience) and three in medtech (surgery, cardiovascular, and vision). These drivers position J&J to reach 5-7% annual growth and even exceeding that by the end of the decade, with potential to reach double digit growth in the 2030s. Oncology is set to play a major role in J&J's optimistic revenue outlook, generating $50bn. The oncology portfolio will be driven by J&J's continuing dominance in multiple myeloma (MM), which J&J hopes will reach $25bn in sales in 2030. J&J's largest franchise, Darzalex/Faspro (daratumumab), will make up over half of this, as it is central to many current, as well as pipeline MM regimens. J&J also expect a significant increase in sales for their cell therapy, Carvykti (ciltacabtagene autoleucel), despite general headwinds in the cell therapy market. Carvykti sales are not restricted from a supply perspective, and it is also expected to gain a significant portion o Show less Read more
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