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Stock impact report

Is Bristol Myers Squibb Stock a Buy? [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
exclusivity of two important medicines in its arsenal: cancer drugs Revlimid (its former top-selling product) and Abraxane. Bristol Myers has rebounded. Its revenue is moving in the right direction again. However, there will be more patent cliffs for the company in the near future. Can the drugmaker still deliver strong returns? Let's take a closer look. Start Your Mornings Smarter! Wake up with Breakfast news in your inbox every market day. Sign Up For Free » In September, generics for Bristol Myers' cancer medicine Sprycel entered the market. It isn't the company's most important product, not by a mile. However, the two medicines that carry that title -- Eliquis and Opdivo -- will face the same issue later this decade. Eliquis, an anticoagulant, will be out of patent exclusivity by 2029 at the latest, while Opdivo's cliff should come in 2028. In the third quarter, Eliquis' revenue increased by 11% year over year to $3 billion. Opdivo's sales were $2.4 billion, 4% higher than Show less Read more
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