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Merck's Keytruda Gains Momentum At The Expense Of Bristol-Myers
Thursday, January 26, 2017 - 11:33am | 461Read More...Analyzing the monthly immuno-oncology sales data, Leerink said Merck & Co., Inc. (NYSE: MRK)'s Keytruda is picking up speed, but Bristol-Myers Squibb Co (NYSE: BMY)'s Opdivo is flattish. Immuno-Oncology Market On Strong Wicket Analyst Richard Goss noted that Symphony Health sales showed...
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Which Pharma Players Dominate The Lung Cancer Space?
Wednesday, January 25, 2017 - 3:40pm | 946Read More...Lung and bronchus cancer is the leading cause of cancer deaths in the United States, according to the National Cancer Institute. Lung cancer is of two types, namely non-small cell lung cancer, or NSCLC and small cell lung cancer, or SCLC, with the former more prevalent than the latter. Estimates by...
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Here's What Merck's Keytruda News Means For Bristol-Myers
Wednesday, January 11, 2017 - 3:26pm | 417Read More...Shares of Merck & Co., Inc. (NYSE: MRK) are rallying strongly, while Bristol-Myers Squibb Co (NYSE: BMY) is being punished on Wednesday. News Behind The Move The contrasting moves come after Merck announced late Tuesday that the FDA has accepted to review the sBLA for KEYTRUDA, plus...
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The ESMO Conference Proves Its Ability To Move Stocks
Monday, October 10, 2016 - 2:44pm | 521Read More...The ESMO 2016 Oncology Conference took place over the weekend in Copenhagen, Denmark. News out of the conference is making a big splash in the market on Monday. Here’s a look at what you may have missed. Bristol-Myers Squibb Co (NYSE: BMY) shares are down 10.17 percent after the company...
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This Wasn't A Great ESMO For Bristol-Myers Squibb, But 2017 Could Be A Much Better Year
Monday, October 10, 2016 - 10:56am | 273Read More...This year’s European Society for Medical Oncology conference was one that Bristol-Myers Squibb Co (NYSE: BMY) shareholders would like to forget. The primary focus for Bristol-Myers was the company’s failed CM-26 trial. Bristol-Myers shares are down 9.4 percent in early Monday...
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Bristol-Myers' Opdivo Vs. Merck's Keytruda In Front-Line Lung Treatment
Monday, October 10, 2016 - 10:25am | 292Read More...Merck & Co., Inc. (NYSE: MRK) shares are pushing higher by 1.9 percent on Monday following the company’s encouraging new data on Keytruda. On Sunday, Merck reported that Keytruda reduced patient deaths by 40 percent compared to chemotherapy alone and cut disease progression in half....
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SunTrust Cuts Target On Bristol-Myers As Opdivo Estimates Revised Lower
Monday, October 10, 2016 - 10:08am | 351Read More...After Bristol-Myers Squibb Co (NYSE: BMY) disclosed disappointing study results of its Opdivo, SunTrust has reduced the price target on the company's shares from $68 to $62 on lower EPS estimates for the year 2017 and 2018. However, the firm maintains its Hold rating on the stock. Analyst John...
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Seattle Genetics No Longer On Goldman Sachs' Sell List
Thursday, September 15, 2016 - 9:48am | 317Read More...Seattle Genetics, Inc. (NASDAQ: SGEN) received a ratings bump from Goldman Sachs to Neutral from Sell after the brokerage revised its Adcetris U.S. sales estimates in 1L Hodgkin's lymphoma (HL) "to reflect greater market penetration per physician diligence." "We model 40 percent penetration (vs. 19...
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Mirror Image: Bristol-Myers Loss Is Merck's Potential Gain
Tuesday, August 16, 2016 - 10:11am | 283Read More...In the past week, Bristol-Myers Squibb Co's (NYSE: BMY) loss has been Merck & Co., Inc.'s (NYSE: MRK) gain. When Bristol-Myers reported back on August 5 that Opdivo did not meet its targets for treatment of advanced non-small cell lung cancer, the stock tanked 16 percent. Merck...
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Bernstein Says Merck's Lung Cancer Drug Will Lead The Market Near-Term, But Long-Term Market Share Harder To Predict
Tuesday, August 9, 2016 - 11:49am | 385Read More...Tim Anderson, MD, a senior analyst at Bernstein, took a deep dive into Bristol-Myers Squibb Co (NYSE: BMY)'s announcement last Friday that its Checkmate-026 trial exploring the cancer fighting drug Opdivo in 1L lung failed. Related Link: Bristol-Myers Hit With A Trio Of Analyst Price Target...
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Bristol-Myers Hit With A Trio Of Analyst Price Target Cuts
Tuesday, August 9, 2016 - 8:33am | 255Read More...Bristol-Myers Squibb Co (NYSE: BMY) saw its shares crater from near $75 last week to nearly $60 per share after the company reported a major setback for its cancer-treating drug, Opdivo. Bristol-Myers said Opdivo failed to meet a primary endpoint in the treatment of lung cancer during the...
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Friday Market Wrap: Stock Market Jumps On Employment Numbers
Saturday, August 6, 2016 - 11:48am | 743Read More...The U.S. stock market posted strong gains on Friday to close out the week in the wake of a better-than-expected nonfarm payrolls number. The Dow and Nasdaq each climbed over 1 percent on the session, while the Nasdaq gained a little less than 1 percent. Stock gainers included Mercadolibre Inc (...
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BMO Analysts Say Merck's Fundamentals Don't Justify Its Valuations
Monday, July 18, 2016 - 12:02pm | 586Read More...BMO has downgraded Merck & Co., Inc. (NYSE: MRK) shares to Market Perform from Outperform on valuation. "The so called 'TINA' (there is no alternative) effect is not enough for us to remain bullish at these levels; the fundamentals have not improved to justify higher valuations. In fact, we are...
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JPMorgan's Take On Big Pharma's New ASCO Abstracts
Thursday, May 19, 2016 - 11:07am | 322Read More...Abstracts for the ASCO 2016 meeting were released on Wednesday evening. With the event only a couple of weeks away, JPMorgan analyst Chris Schott took a look at what investors can expect from the ASCO presentations of four big-name pharma companies. For Eli Lilly and Co (NYSE: LLY), ASCO will be...
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The Heart Of Major Pharma Q1 Earnings Season: Eli Lilly, AbbVie, Bristol-Myers
Monday, April 25, 2016 - 1:57pm | 335Read More...The meat of large-cap pharmaceutical earnings season starts this week. Johnson & Johnson (NYSE: JNJ)’s strong Q1 report last week has Credit Suisse analyst Vamil Divan hopeful that AbbVie Inc (NYSE: ABBV), Bristol-Myers Squibb Co (NYSE: BMY) and Eli Lilly and Co (NYSE: LLY) will be able...















