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Stock impact report

GSK prepares to relaunch Blenrep; Activists challenge another ‘zombie' biotech [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
Today, a brief rundown of news involving GSK and Bristol Myers Squibb, as well as updates from Elevation Oncology, Bayer and Airna that you may have missed. GSK's Blenrep has been approved in the U.K. to treat people whose multiple myeloma has progressed after one line of therapy, the company said Thursday . The clearance is Blenrep's first since it was withdrawn from the market three years ago following the failure of a confirmatory trial, and comes after the company succeeded in additional studies that have since positioned it for a relaunch. The Food and Drug Administration is set to decide on a new approval in the U.S. by July 23. — Jonathan Gardner Investment firm BML Capital Management has called for cancer drug developer Elevation Oncology to liquidate and return all of its cash to shareholders, according to a regulatory filing . Elevation dropped its lead drug, laid off a majority of its staff, and began a strategic review after reporting disappointing study data last mon Show less Read more
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