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BMS Inks Massive $3.6B Deal for Nektar Cancer Drug

Will pay $1.85 billion upfront and pair Opdivo and Yervoy with Nektar's NKTR-214

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By: Tim Wright

Editor-in-Chief, Contract Pharma

Bristol-Myers Squibb (BMS) has signed a whopping $3.6 billion deal to pair its Opdivo and Yervoy with Nektar’s NKTR-214 in a range of tumor types. The two companies have agreed to co-develop NKTR-214 in combination with PD-1 antagonist Opdivo (nivolumab) and CTLA4 inhibitor Yervoy (ipilimumab) in more than 20 indications across nine cancers, including melanoma, renal cell carcinoma, non-small-cell lung cancer, bladder cancer and triple-negative breast cancer. Pivotal trials in RCC and mela...

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