Bristol Myers Squibb Company is moving into a new arena with the US approval of Zeposia (ozanimod) for ulcerative colitis, the company’s first approval in gastrointestinal disease. The company intends this approval – the second for the S1P modulator – to be the first of several in the GI space.
Zeposia, acquired in the $74bn buyout of Celgene Corporation, was initially approved by the US Food and Drug Administration in March 2020 for relapsing forms of multiple sclerosis and was launched in June as BMS took time to determine how best to launch a new therapy in the midst of a pandemic
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