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Focus On Execution Pays Off Across Bristol’s New Product Portfolio

Q4 Sales Soared For Recent Launches, With One Exception

 
• By Mandy Jackson

BMS reiterated its 2024 focus on execution across its portfolio and R&D pipeline as it works through upcoming losses of exclusivity, and its fourth quarter revenues reflected year-end efforts to drive sales.

Neon Q4, the fourth quarter of a fiscal year
Full-year revenue fell 2%, but Q4 rose 1% • Source: Shutterstock

Bristol Myers Squibb Company is under pressure to grow sales of recently launched drugs into blockbusters ahead of the upcoming losses of exclusivity (LOEs) for its two current top sellers – Eliquis (apixaban) and Opdivo (nivolumab) – in 2028. And fourth quarter 2023 financial results that the company reported on 2 February showed that BMS made considerable progress across its new product portfolio during the year-ending period.

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