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Stock impact report

Bristol Myers Sotyktu Approval Sends Ventyx Stock Soaring: Consider Buying Both [Seeking Alpha]

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: Seeking Alpha
NoSystem images/E+ via Getty ImagesInvestment Thesis - 2 Different Companies, 2 Similar Drugs, 2 Very Different Investment OpportunitiesThere is an old saying that "a bird in the hand is worth 2 in the bush", which, when applied to investing, essentially meansthat you are better off making a single sure bet than 2 speculative ones.This sentiment helps to explain why, when given the option of investing in the US' sixth largest Pharmaceutical organization by market cap, Bristol Myers Squibb (NYSE:BMYNASDAQ:VTYXIt may sound odd to even compare these 2 opportunities but there is arguably a good reason for doing so. On September 9th, the Food and Drug Administration ("FDA")approvedIn 2 Phase 3 studies Deucravacatinib - which will be marketed and sold under the brand name Sotyktu - a once daily therapy, demonstrated superior efficacy to rival Pharma Amgen's (AMGNThe co-primary endpoints were the percentage of patients who achieved Psoriasis Area and Severity Index 75 ("PASI 75") and the per Show less Read more
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