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Bristol Myers Squibb

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BMS Shares Jump on Reported AstraZeneca Tie-Up Worth About $400 Billion
business26 days ago

BMS Shares Jump on Reported AstraZeneca Tie-Up Worth About $400 Billion

Bristol Myers Squibb stock rose about 4% premarket after a Financial Times report that BMS and AstraZeneca discussed a potential $400 billion merger, while AstraZeneca ADRs fell. The deal would be one of the largest in pharma history and comes as 2026 sees a wave of big M&A activity, though analysts warned mega-deals can slow R&D productivity and pipeline progress.

business26 days ago

AstraZeneca and BMS explore $400B mega-merger, sparking pharma consolidation chatter

Reuters reports AstraZeneca and Bristol Myers Squibb held preliminary talks about a potential merger valued at about $400 billion, which would create one of the world’s largest pharma companies. The status of talks is unclear, and such a deal would face U.S. antitrust scrutiny under the Trump administration and could require divestitures. The companies’ oncology franchises are a focal point, with historical context from Bristol Myers’ Celgene deal cited in analysis.

AZN and BMY Consider $400B Merger in Pharma Tie-Up
mergers-acquisitions-and-takeovers26 days ago

AZN and BMY Consider $400B Merger in Pharma Tie-Up

AstraZeneca and Bristol-Myers Squibb are reportedly in talks to merge, with a combined value near $400 billion that would create one of the world's largest pharma groups; no deal terms have been disclosed and talks could stall. Such a cross-border deal would face antitrust reviews in the US, UK, and EU, with investors awaiting more detail ahead of the Q3 2026 results in late October.

AstraZeneca and Bristol Myers Squibb reportedly eye record $400B merger
business26 days ago

AstraZeneca and Bristol Myers Squibb reportedly eye record $400B merger

UK drugmaker AstraZeneca and US rival Bristol Myers Squibb are reportedly weighing a merger valued at about $400 billion, potentially the largest deal in history. Talks have been ongoing for months with no commitment or comment from either side, and the deal would reshape both companies’ cancer-drug portfolios and strategic positioning in the pharma industry.

AZ and BMS weigh a near-$400bn pharmaceutical mega-merger
business26 days ago

AZ and BMS weigh a near-$400bn pharmaceutical mega-merger

AstraZeneca is in talks with Bristol Myers Squibb about a potential tie-up valued at roughly $400 billion, which would create one of the world's largest drugmakers. Discussions have been ongoing and could materialize soon but may also be delayed or collapse. The deal would reinforce AstraZeneca's US-focused pivot after its NY listing, with both companies keeping comments to themselves as talks proceed.

BMS taps Anthropic to embed Claude Enterprise Across its global operations
business3 months ago

BMS taps Anthropic to embed Claude Enterprise Across its global operations

Bristol Myers Squibb announced a strategic agreement with Anthropic to deploy Claude across its research, development, manufacturing, commercial and corporate functions, empowering more than 30,000 employees with agentic AI. The rollout centers on Claude Code for engineering and will embed AI agents into priority workflows to accelerate target identification, trial documentation and regulatory submissions, and to speed manufacturing decisions, all while maintaining enterprise governance and secure integrations. This builds on BMS’s multi-year AI investments and a multi-vendor strategy to speed medicine discovery and delivery.

BMS bets on a decades-old drug, Cobenfy, to tackle Alzheimer's psychosis
biotechpharma6 months ago

BMS bets on a decades-old drug, Cobenfy, to tackle Alzheimer's psychosis

Bristol Myers Squibb bets that Cobenfy, a 30-year-old drug, can become the first approved treatment for psychosis in Alzheimer's disease; its fate hinges on three pivotal trials later this year after a long-ago trial showed promise but was marred by adverse effects, a rescue journey from Eli Lilly to Karuna Therapeutics before landing with BMS.

Bristol Myers Stock Rises Amid Delays and Updates on Alzheimer’s Drug Trials
business8 months ago

Bristol Myers Stock Rises Amid Delays and Updates on Alzheimer’s Drug Trials

Bristol Myers Squibb's stock rose over 5% after delaying the results of a clinical trial for Cobenfy, a drug for Alzheimer's disease psychosis, due to enrollment irregularities. The delay, expected to extend the trial completion to 2026, suggests positive trends despite concerns, and the stock's movement reflects investor optimism about the potential market and ongoing development efforts.

Bristol Myers Squibb Expands Cell Therapy Portfolio with Orbital Therapeutics Acquisition
business10 months ago

Bristol Myers Squibb Expands Cell Therapy Portfolio with Orbital Therapeutics Acquisition

Bristol Myers Squibb is acquiring Orbital Therapeutics for $1.5 billion to enhance its cell therapy portfolio with next-generation RNA medicines, including the investigational CAR T-cell therapy OTX-201, aimed at autoimmune diseases, leveraging Orbital's innovative RNA platform for more accessible and effective treatments.