Bristol Myers Squibb Company already is a dominant player in the non-small cell lung cancer (NSCLC) market with its PD-1 inhibitor Opdivo (nivolumab) and CTLA4 inhibitor Yervoy (ipilimumab), but the big pharma continues to build up its presence in the space. The US Food and Drug Administration approved Bristol’s ROS1/NTKK inhibitor Augtyro (repotrectinib) on 15 November for adults with locally advanced or metastatic ROS1-positive NSCLC, including both treatment-naïve and treatment-experienced patients.
Key Takeaways
- BMS won US FDA approval for Augtyro (repotrectinib) as a treatment for ROS1-positive NSCLC in first-line and treatment-experienced patients.
- The company believes it has a best-in-class drug, acquired in its $4.1bn Turning Point acquisition last year, that could generate $500m-$1bn in peak sales
BMS acquired Augtyro in the $4.1bn purchase of Turning Point Therapeutics Inc. last year, betting that repotrectinib’s best-in-class clinical trial results would help the company grow its revenue beyond the loss of exclusivity for Opdivo and other blockbuster products later in this decade
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