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BMS Makes Dealmaking A Top Priority As Doubts About Growth Increase

Observers Fear New Drugs Will Not Fill LOE Gap

 
• By Mandy Jackson

Bristol’s CEO Christopher Boerner says business development is the company’s biggest spending priority as analysts raise concerns about growth, citing a need for BMS to do more deals.

Growth is top of mind for BMS as LOEs approach later this decade (Shutterstock)
Key Takeaways
  • BMS needs sales growth to offset upcoming losses of exclusivity for Opdivo and Eliquis – more than half of its Q1 2025 revenue – and calls are increasing for the company to do more deals.

Bristol Myers Squibb is three years away from facing generic and biosimilar competitors for its two top-selling products – Eliquis...

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