US pharma major Bristol Myers Squibb (NYSE: BMY) yesterday disclosed that its Phase III ODYSSEY-HCM trial of Camzyos (mavacamten) did not meet its primary endpoints for treating non-obstructive hypertrophic cardiomyopathy (nHCM).
The ODYSSEY-HCM trial, which enrolled 580 adults with symptomatic non-obstructive HCM, did not demonstrate significant improvement versus placebo on the Kansas City Cardiomyopathy Questionnaire – Clinical Summary Score (KCCQ-23 CSS) or peak oxygen consumption (pVO2) from baseline to 48 weeks.
In after-hours trading, Bristol Myers shares declined 1.5% to $50.59, while rival in the sector Cytokinetics (Nasdaq: CYTK) stock fell 2.5% to $38.83. The trial failure represents a disappointment, but BMS has additional pipeline readouts to watch in 2025.
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