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Adds KarXT, a potential first-in-class treatment for schizophrenia with potential across multiple indications.
March 18, 2024
By: Kristin Brooks
Managing Editor, Contract Pharma
Bristol Myers Squibb completed its acquisition of Karuna Therapeutics, Inc. for approximately $14 billion. Karuna is now a wholly owned subsidiary of BMS. Through this transaction, BMS has added KarXT (xanomeline-trospium), an antipsychotic with a novel mechanism of action and a differentiated efficacy and safety profile, and Karuna’s early-stage and pre-clinical pipeline. KarXT has a Prescription Drug User Fee Act (PDUFA) date of September 26, 2024 for the treatment of schizophrenia in adu...
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