Bristol Myers Stock Up on FDA Nod for Schizophrenia Treatment [Yahoo! Finance]
Bristol-Myers Squibb Company (BMY)
Last bristol-myers squibb company earnings: 2/6 07:05 am
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Source: Yahoo! Finance
Bristol Myers Squibb BMY announced that the FDA has approved xanomeline and trospium chloride (formerly KarXT), an oral medication for the treatment of schizophrenia, in adults. The drug was approved under the brand name Cobenfy. Shares were up in pre-market trading. Year to date, shares of Bristol Myers have lost 2.3% compared with the industry's 2.7% decline. Image Source: Zacks Investment Research BMY's Schizophrenia Treatment Broadens Portfolio Cobenfy represents the first new pharmacological approach to treat schizophrenia in decades. The drug boasts a mechanism of action that's different from current therapies. It's aimed at treating schizophrenia by selectively targeting M 1 and M 4 receptors in the brain without blocking D 2 receptors. The FDA approval is supported by data from the EMERGENT clinical program. This program includes three placebo-controlled efficacy and safety trials and two open-label trials evaluating the long-term safety and tolerability of Cobe
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BMY
News
- Bristol Myers Squibb stock rises following FDA approval of its schizophrenia drug [CNBC]CNBC
- New schizophrenia drug gets FDA approval, taking novel approach to treating brain disorder [FOX News]FOX News
- BMS wins approval for schizophrenia drug acquired from Karuna [Yahoo! Finance]Yahoo! Finance
- Bristol Myers Squibb Presents New Data from Two Trials Demonstrating Sotyktu (deucravacitinib) Efficacy in both Moderate-to-Severe Scalp Psoriasis and in a Real-World Setting [Yahoo! Finance]Yahoo! Finance
- FDA approves new Bristol Myers Squibb schizophrenia drug [Yahoo! Finance Canada]Yahoo! Finance Canada
BMY
Earnings
- 7/26/24 - Beat
BMY
Sec Filings
- 8/5/24 - Form 4
- 7/31/24 - Form 4
- 7/31/24 - Form 3/A
- BMY's page on the SEC website