Bristol Projects Opdivo Sales Will Grow Again In 2021

 
• By Mandy Jackson

With new Opdivo/Yervoy combination data in first-line lung cancer, the company expects the PD-1 inhibitor’s growth to go from flat to rising in 2021. Bristol’s and Celgene’s third quarter earnings exceeded expectations and their merger is on track to close this year.

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Bristol expects first-line lung cancer to boost Opdivo sales starting in 2021. • Source: Shutterstock

Bristol-Myers Squibb Co. is optimistic that one-time PD-1 inhibitor market leader Opdivo (nivolumab) can return to growth in 2021 now that its Opdivo/Yervoy (ipilimumab) combination has delivered positive overall survival results in two first-line lung cancer studies, the company said during its 31 October third quarter earnings call.

But even with Opdivo sales flattening out due to competition from Merck & Co. Inc.’s anti-PD-1 drug Keytruda (pembrolizumab)...

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