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Bristol Myers to deploy Anthropic's Claude AI model to speed up drug discovery
Reuters79d agoneutral
Bristol Myers to deploy Anthropic's Claude AI model to speed up drug discovery

Bristol Myers Squibb said on Wednesday it is partnering with Anthropic ‌to make its Claude AI model ‌available to over 30,000 employees in an effort to ​accelerate the discovery, development and delivery of new medicines. • Bristol said it will also leverage Claude Code, Anthropic's coding tool, and evaluate its ‌use in research, ⁠drug development, manufacturing and other commercial and medical affairs. • Agentic ​AI, which ​requires little human intervention, could increase clinical development productivity by about 35% to 45% ​over the ‌next five years, consultancy McKinsey said last ​year.

How The Bristol Myers Squibb (BMY) Story Is Shifting Around Pipeline Hopes And Patent Risks
Simply Wall St.80d agoneutral
How The Bristol Myers Squibb (BMY) Story Is Shifting Around Pipeline Hopes And Patent Risks

Recent price target moves for Bristol-Myers Squibb, including adjustments to US$70, US$75 and US$60, sit against only a very small shift in one fair value estimate from US$63.04 to US$62.96. These changes reflect how differently analysts are weighing execution risk, late-stage pipeline potential and the impact of upcoming patent expiries when thinking about where the stock could trade next. As you read on, you will see how to make sense of this evolving narrative and what to watch as new data...

Bristol Myers Squibb Expands US Capacity And Trials With Houston Moves
Simply Wall St.80d agoneutral
Bristol Myers Squibb Expands US Capacity And Trials With Houston Moves

Bristol Myers Squibb (NYSE:BMY) is investing US$1b in a new manufacturing facility in Houston, aimed at expanding pharmaceutical production capacity and creating hundreds of local jobs. The company has also launched a collaboration with the Tigerlily Foundation focused on improving clinical trial access and health equity for underrepresented patient groups. Bristol Myers Squibb is a global biopharmaceutical company focused on developing and manufacturing treatments across oncology,...

Tempus AI, Bristol Myers Squibb Expand AI-Driven Clinical Trial Efforts
Benzinga81d agoneutral
Tempus AI, Bristol Myers Squibb Expand AI-Driven Clinical Trial Efforts

Tempus AI Inc. announced a new collaboration initiative with Bristol Myers Squibb Co. aimed at improving clinical trial design and increasing the Probability of Technical & Regulatory Success across five initial development programs. The companies plan to use artificial intelligence,...

Tempus AI And BMS Deepen AI Drug Development Ties As Losses Persist
Simply Wall St.81d agoneutral
Tempus AI And BMS Deepen AI Drug Development Ties As Losses Persist

Tempus AI and Bristol Myers Squibb are expanding their collaboration to apply AI analytics and real world data to oncology and neuroscience drug development. The partnership focuses on using Tempus AI's multimodal patient data to inform clinical trial design, including programs in oncology and Alzheimer's disease. The agreement highlights growing pharmaceutical interest in AI driven tools that can address complex challenges in precision medicine research. Tempus AI, listed as NasdaqGS:TEM,...

Regeneron Stock Tumbles on Melanoma Drug-Trial Miss
The Wall Street Journal81d agobearish
Regeneron Stock Tumbles on Melanoma Drug-Trial Miss

Shares of Regeneron Pharmaceuticals are down about 11%, dragging the Nasdaq composite, after the company’s experimental melanoma drug failed a pivotal clinical trial. The company said that its drug fianlimab, when combined with an approved cancer drug, didn't keep patients’ disease from worsening significantly longer than Merck’s Keytruda.

BioNTech Maps Oncology Push, $1B Buyback and Manufacturing Cuts at AGM
MarketBeat84d agoneutral
BioNTech Maps Oncology Push, $1B Buyback and Manufacturing Cuts at AGM

BioNTech (NASDAQ:BNTX) used its virtual annual general meeting to outline a transition year marked by leadership changes, continued investment in oncology, a planned share repurchase program and a restructuring of its manufacturing network. Chairman of the Supervisory Board Helmut Jeggle said the 2

A Look At Bristol Myers Squibb (BMY) Valuation After Major Hengrui Collaboration Announcement
Simply Wall St.84d agoneutral
A Look At Bristol Myers Squibb (BMY) Valuation After Major Hengrui Collaboration Announcement

Bristol-Myers Squibb (BMY) has just signed a collaboration and licensing agreement with Hengrui Pharma covering 13 early stage oncology, hematology and immunology programs, a large commitment that could reshape its future pipeline. See our latest analysis for Bristol-Myers Squibb. At a share price of $56.77, Bristol-Myers Squibb has a 1-year total shareholder return of 30.12%, while the year to date share price return of 6.19% and recent 90 day share price weakness suggest momentum has...

Bristol-Myers Squibb (BMY): Buy, Sell, or Hold Post Q1 Earnings?
StockStory85d agoneutral
Bristol-Myers Squibb (BMY): Buy, Sell, or Hold Post Q1 Earnings?

Bristol-Myers Squibb has had an impressive run over the past six months as its shares have beaten the S&P 500 by 5.7%. The stock now trades at $55.77, marking a 13.6% gain. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.