Breaking News, Financial News

BMS Revenues up 5% in the Quarter

Eliquis and Opdivo, and new product portfolio drive growth, partially offset by recent loss of exclusivity for Revlimid and Abraxane.

Author Image

By: Kristin Brooks

Managing Editor, Contract Pharma

Financial Report: Bristol-Myers Squibb 1Q Revenues: $11.6 billion (+5%) 1Q Earnings: $2.0 billion (+4%) Comments: Growth in the quarter was primarily driven by Eliquis and Opdivo, and new product portfolio (primarily cell therapy products and Reblozyl), partially offset by recent loss of exclusivity for Revlimid and Abraxane, and foreign exchange impacts.   Eliquis revenues grew 11% to $3.2 billion. Opdivo revenues increased 12% to $1.9 billion driven by higher demand across multiple indica...

Continue reading this story and get 24/7 access to Contract Pharma for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Contract Pharma Newsletters