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Alexandria Real Estate Equities (ARE) Delivers 427,000 RSF Bristol Myers Squibb R And D Hub
Simply Wall St.15d agoneutral
Alexandria Real Estate Equities (ARE) Delivers 427,000 RSF Bristol Myers Squibb R And D Hub

Alexandria Real Estate Equities (NYSE:ARE) has delivered a 427,000 RSF research and development facility for Bristol Myers Squibb at its San Diego megacampus. The new state-of-the-art R&D hub marks an operational milestone for the company and reflects demand from a large multinational pharmaceutical tenant. Alexandria Real Estate Equities focuses on life science and R&D campuses that serve large pharmaceutical and biotech companies. The new San Diego facility for Bristol Myers Squibb adds...

Bristol Myers Squibb (BMY) Opens 427,000 Square Foot San Diego Hub For AI Drug Discovery
Simply Wall St.15d agoneutral
Bristol Myers Squibb (BMY) Opens 427,000 Square Foot San Diego Hub For AI Drug Discovery

Bristol Myers Squibb (NYSE:BMY) is rolling out new AI infrastructure built on NVIDIA's latest architecture to support drug discovery. The company is applying this technology across oncology, cardiovascular disease and other core therapeutic areas. Bristol Myers Squibb has opened a 427,000 square foot R&D hub at the Campus Point Megacampus in San Diego. The new site is intended to bring together research teams and laboratory capacity in a single large West Coast center. Bristol Myers Squibb...

Bristol Myers Squibb expands Nvidia AI infrastructure for drug discovery
InvestorsHub17d agoneutral
Bristol Myers Squibb expands Nvidia AI infrastructure for drug discovery

Bristol Myers Squibb (NYSE:BMY) has expanded its artificial intelligence collaboration with Nvidia (NASDAQ:NVDA), announcing plans to deploy an Nvidia DGX SuperPOD powered by DGX Vera Rubin NVL72 systems to strengthen its AI infrastructure for drug discovery and development. The expansion builds on a partnership that began nearly three years ago and is designed to provide significantly greater computing power for AI-driven research.

Merck’s Keytruda Faces a Patent Cliff. These New Cancer Drugs Could Take Over.
Barrons.com17d agoneutral
Merck’s Keytruda Faces a Patent Cliff. These New Cancer Drugs Could Take Over.

For many cancers now, the standard treatment is chemotherapy plus an immunotherapy such as Merck Keytruda, the best-selling drug in the world. Many think it will pair two innovations: precisely-targeted chemo drugs known as antibody-drug conjugates, or ADCs, and augmented immunotherapies in the form of bispecific antibodies. Bispecific antibodies are being tested by Bristol Myers Squibb (with its partner BioNTech ), AstraZeneca and the biotech firm Summit Therapeutics ADCs have already rung up big sales for Astra, Pfizer Gilead Sciences and Roche Holding but Merck has a strong contender in development.

Bristol Myers buys Nvidia's latest AI computing system for drug research
Reuters17d agobullish
Bristol Myers buys Nvidia's latest AI computing system for drug research

Bristol Myers Squibb said on Monday it is buying the latest-generation computing system from chip company Nvidia ‌to support its use of artificial intelligence across its drug discovery and development ‌operations. The drugmaker said it will be the first life sciences company to buy an Nvidia DGX SuperPOD ​based on its Vera Rubin systems. The chipmaker unveiled its Vera Rubin architecture earlier this year as the successor to its current generation of AI computing systems.

What Comes After Merck’s Keytruda? The Race for the Next Standard Cancer Treatment.
Barrons.com17d agoneutral
What Comes After Merck’s Keytruda? The Race for the Next Standard Cancer Treatment.

For many cancers now, the standard treatment is chemotherapy plus an immunotherapy such as Merck Keytruda, the best-selling drug in the world. Many think it will pair two innovations: precisely-targeted chemo drugs known as antibody-drug conjugates, or ADCs, and augmented immunotherapies in the form of bispecific antibodies. Bispecific antibodies are being tested by Bristol Myers Squibb (with its partner BioNTech ), AstraZeneca and the biotech firm Summit Therapeutics ADCs have already rung up big sales for Astra, Pfizer Gilead Sciences and Roche Holding but Merck has a strong contender in development.

Bristol Myers Squibb (BMY) Wins FDA Review For Mezigdomide In Multiple Myeloma
Simply Wall St.21d agobullish
Bristol Myers Squibb (BMY) Wins FDA Review For Mezigdomide In Multiple Myeloma

FDA has accepted Bristol Myers Squibb's New Drug Application for mezigdomide in combination with carfilzomib and dexamethasone for relapsed or refractory multiple myeloma. The filing is supported by a Phase 3 trial that showed a meaningful improvement in progression free survival for this patient group. This decision marks a key regulatory milestone for NYSE:BMY's oncology pipeline and could influence how investors view its future revenue mix. Bristol-Myers Squibb enters this news cycle...

Bloomberg22d agoneutral
Eli Lilly-Backed Novel Cancer Therapy Firm Raises $315 Million

(Bloomberg) -- AdvanCell Pty, a biotechnology firm backed by Eli Lilly & Co., has raised $315 million in new funding, underscoring investor confidence in its experimental cancer therapy.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges M