Bristol Myers Squibb Company spent the past year laying out its plan for growth through the end of this decade as its three top-selling products lose exclusivity. While 2022 will be the first year that the company’s strategy is put to the test as Revlimid (lenalidomide) faces its first generic competition, the contribution of new product launches to Bristol’s revenue in 2021 suggests that plan is off to a good start.
Bristol’s Growth Plan Faces First Test In 2022
New Drugs Hit $1bn Mark In 2021, But First Revlimid Generics Launch This Year
Zeposia, Reblozyl, Breyanzi and Abecma turned BMS’s new product portfolio into a blockbuster revenue stream last year to help fill the $3.5bn gap created by Revlimid and Abraxane generics.
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