Amid PD-1 Uncertainty, Bristol Under Pressure For M&A Activity

Bristol says its checkpoint immunotherapies can hold the lead in renal cell carcinoma, despite increasing competition.

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With Bristol-Myers Squibb Co.'s sales of its PD-1 inhibitor Opdivo still strong but slipping behind Merck & Co. Inc.'s competing Keytruda, the company is under pressure to acquire new assets as a backup plan.

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