US Food and Drug Administration approval of Bristol Myers Squibb Company’s third class of checkpoint inhibitor – the LAG-3 blocker relatlimab in a fixed-dose combination with Opdivo (nivolumab) for unresectable or metastatic melanoma – is a crucial win in the hyper-competitive immuno-oncology space.
The product, branded Opdualag, also offers BMS some protection against Opdivo’s US patent expiration in 2028, and while it could be a modest near-term blow to competitor Merck & Co., Inc
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