Cancer drug Opdivo key to B-MS' 1st-qtr revenue growth

28 April 2016

US pharma major Bristol-Myers Squibb (NYSE: BMY) saw its revenue increase by 9% to $4.4 billion in the first quarter of 2016 compared to the same period a year ago.

The company cites strong sales of immuno-oncology drug Opdivo (nivolumab) and deep vein thrombosis and pulmonary embolism treatment Eliquis (apixaban), along with the success of its hepatitis C franchise, as being reasons for the rise.

Significant regulatory milestones and key data in immuno-oncology also helped to make it a good three months for B-MS.

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