These items are excluded from non-GAAP earnings and related EPS information because Bristol Myers Squibb believes they neither relate to the ordinary course of Bristol Myers Squibbs business nor reflect Bristol Myers Squibbs underlying business performance. All comparisons are made versus the same period in 2020 unless otherwise stated. No additional data or studies have been requested. Returns Potential A 15% price target upside from sell-side analysts. There's been plenty of good news for Bristol Myers Squibb (BMY 0.13%) . The sale was disclosed in a legal filing Bristol Myers Squibb announced on Feb. 5 that the US Food and Drug Administration (FDA) has approved its lymphoma drug, Breyanzi, a CAR-T (chimeric antigen receptor T-cell) therapy for the treatment of adult patients suffering from relapsed or refractory large B-cell lymphoma. July 28 (Reuters) - Bristol Myers Squibb Co (BMY.N) reported second quarter earnings that topped Wall Street estimates, as sales of flagship cancer treatment Opdivo returned to growth after. 0000003062 00000 n Cautionary Statement Regarding Forward-Looking Statements. BMY: Dividend Date & History for Bristol-Myers Squibb - Dividend.com Also note that a reconciliation of the forward-looking revenue (ex-FX), free cash flow and non-GAAP operating margin measures is not provided due to the inherent difficulty in forecasting and quantifying items that are necessary for such reconciliation. they used to have flexible schedules- though that is unfortunately being phased out. We may also use social media channels to communicate with our investors and the public about our company, our products and other matters, and those communications could be deemed to be material information. These statements are only predictions, and such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations. Working With Us Yield Attractiveness B 3.27% forward dividend yield. Your response will be removed from the review this cannot be undone. We do this in a few ways: We are a culture of savers who recognize the value of saving early and often and seize the opportunities to do so. Mar 02, 2023 (Prime PR Wire via Comtex) -- This "Organ Transplant Rejection Medication Market" study analyses the market and offers thorough insights to help. (, In December, the company announced that its Board of Directors approved an increase in the quarterly dividend and authorized an additional $15 billion, multi-year share repurchase program. Catalyst and Talent Accelerator: unique programs designed to accelerate the leadership potential of high performing individuals to drive global innovation and business results. 0000003506 00000 n 1 Bristol Myers Squibb Reports First Quarter Financial Results for 2022 Reports First Quarter Revenues of $11.6 Billion, an Increase of 5% YoY; or 7% When Adjusted for Foreign Exchange Posts First Quarter Earnings Per Share of $0.59 and Non-GAAP EPS of $1.96; Includes Net Impact of ($0.10) per share for GAAP and Non-GAAP EPS Due to Acquired IPRD1 0000043468 00000 n In the Phase 1/2 TRIDENT-1 clinical trial, longer duration of response has been observed in the landmark analysis with repotrectinib than with existing ROS1 agents in first-line NSCLC. startxref <>/Filter/FlateDecode/Index[87 726]/Length 47/Size 813/Type/XRef/W[1 1 1]>>stream By Tina Bellon and Nate Raymond. Risk Evaluation and Mitigation Strategies (REMS), Pre-Approval Access to Investigational Medicines, Areas of Interest & Competitive Research Grants, The Thomas O. Daniel Research Incubator and Collaboration Center, Acquisition FAQs for Celgene Shareholders, Acquisition-related information for Celgene shareholders, Unsubscribe to News Email Alerts - Bristol Myers Squibb, Subscribe to New Email Alerts - Bristol Myers Squibb, BMS at June 2022 oncology and hematology congresses, Committed to creating a better future for cancer patients, People & Business Resource Groups leadership team, Our Commitment to Equal Employment Opportunity, Access to Medicines in the Developing World, Standards of Business Conduct and Ethics. June 08, 2022 06:59 AM Eastern Daylight Time. All comparisons are made versus the same period in 2021 unless otherwise stated. Bristol-Myers Squibb top-products revenues 2016-2021 | Statista I had the opportunity to share insights on our Bristol Myers Squibb . Connect with a more experienced colleague to be your sounding board and to help guide you forward. Bristol Myers Squibb - Iframes - Events & Presentations In addition, the company believes such a reconciliation would imply a degree of precision and certainty that could be confusing to investors. Bristol-Myers Squibb BMY | stock $69.02 0.09% $147 B 3.31% $2.28 - Ratings - BMY Dividend Safety A+ 16 years of consecutive dividend increase. Bristol-Myers Squibb's report follows an earnings beat by J&J on January 26, who reported EPS of $1.86 on revenue of $22.48B, compared TipRanks Team May 19, 2021. Bristol-Myers Squibb reported sales of $10.13 billion during the same quarter last year, which would suggest a positive year-over-year growth rate of 11.8%. NEW YORK-- (BUSINESS WIRE)-- Bristol Myers Squibb (NYSE:BMY) today reports results for the fourth quarter and full year of 2021, which reflect strong sales driven by robust commercial execution and significant advancement of the company's pipeline that further progressed the company's portfolio renewal. As detailed in my profile, I have over 10 years of experience in the pharmaceutical industry (GSK Vaccines, UCB Pharma, Bristol-Myers Squibb). Warnings Bristol-Myers Squibb Co and Eisai Co said on Thursday they had entered into an agreement worth up to $3.10 billion to jointly develop and market an experimental cancer drug. 2020; 2022 Calendar Settings. <<6D48DD0CF1B2B2110A0080F8A4DAFC7F>]/Prev 512677/XRefStm 1987>> While we may elect to update forward-looking statements at some point in the future, we specifically disclaim any obligation to do so, even if our estimates change, whether as a result of new information, future events or otherwise. International revenues increased 4% to $4.5 billion in the quarter. As a result, the reconciliation of these non-GAAP measures to the most directly comparable GAAP measures is not available without unreasonable effort. Media: media@bms.com Income tax benefit was approximately $510 million despite pre-tax earnings of $1.9 billion in the quarter primarily due to the impact of internal transfers of certain intangible assets of $1.0 billion. 0000006494 00000 n Bristol Myers Squibb expects repotrectinib to be approved in the U.S. in the second half of 2023 and become a new standard of care for patients with ROS1-positive NSCLC in the first-line setting. 0000043721 00000 n For more information, visit www.tptherapeutics.com. 3 floating holidays. General Manager Development: We partner with the premier CEDEP organization to build our future General Manager talent through this internationally recognized program. March 01, 2023 09:22 am EST. Bristol-Myers Squibb's revenue was $11,406 million in Q4 2022, showing mixed results compared to previous quarters, and there are many explanations for this, which will be discussed in the article . The forward-looking statements included in this document are made only as of the date of this document and except as otherwise required by applicable law, the company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events, changed circumstances or otherwise. System. (. The recognition is a testament to our commitment to transform patients lives through science. Learn more! 0000192949 00000 n 07/29/21 : Interim 2021 Earnings Release (Projected) 10/28/21 : Q3 2021 Earnings Release (Projected) 01/27/22 : FY 2021 Earnings Release (Projected) 04/28/22 Bristol-Myers would pay $650 million, including for research and development expenses to Eisai, which will also be eligible for up to $2.45 billion in milestone payments, the companies said. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. Former Sales Training Manager in nullnull, Current Maintenance Engineer in Manati, PR, Puerto Rico, Current Senior Manufacturing Engineer in New Brunswick, NJ, New Jersey, Former Senior Financial Analyst in Princeton, NJ, New Jersey. schedule conferences . Bristol-Myers June 17 (Reuters) - Bristol-Myers Squibb Co BMY.N and Eisai Co said on Thursday they had entered into an A Reminder to Patients Applying to the Bristol Myers Squibb Patient Assistance Foundation (BMSPAF) If you are applying to BMSPAF for the first time or for continued assistance, your application may be processed more quickly if you include proof of your household income from a Federal Tax Return or other sources of income documentation including: [Updated: 3/26/2021] BMY Stock Looks Undervalued At $63. Top 40%. 0000043107 00000 n 0000003347 00000 n The companys pipeline of precision oncology drug candidates is being studied across a variety of solid tumors. Air India, part of Tata group, had signed an order for 40 GE engines, plus a multi-year engine services agreement. New Year's Day Martin Luther King Presidents Day Memorial Day July 4th Labor Day Thanksgiving and Day After Christmas Day Chevron Sara Kashima SKSH@chevron.com President's Day is only a holiday for those on the traditional 5/40 schedule. We have the responsibility to protect and respect personal information. Alan Thompson - Supply Chain Operations Specialist - Bristol Myers The variability of the specified items may have a significant and unpredictable impact on our future GAAP results. FEATURED - Bristol Myers Squibb Upcoming events. Its primary focus is on cancer, cardiovascular, immunology and fibrotic therapeutic projects. The company is driven to develop therapies that mark a turning point for patients in their cancer treatment. In 2021, their top products included Revlimid and Opdivo, drugs used in the treatment of certain. Glassdoor is your resource for information about the Paid Holidays benefits at Bristol Myers Squibb. Regional Sales Manager - Dublin - bristol myers squibb - beBee Oral Anticoagulant | Rx ELIQUIS (apixaban) Safety Info Our mission to enhance the lives of patients requires an investment in a strong learning culture. Add to Apple Calendar. The company reported net earnings attributable to Bristol Myers Squibb of $2.4 billion, or $1.07 per share, in the fourth quarter, compared to net loss of $10.0 billion, or $(4.45) per share, for the same period a year ago. endobj Chris Boerner, Ph.D., Executive Vice President, Chief Commercialization Officer will answer questions about the company at 5 p.m. Bristol-Myers Squibb's report follows an earnings beat by J&J on April 20, who reported EPS of $2.59 on revenue of $22.32B, compared to forecasts EPS of $2.34 on revenue of $21.98B. The stock's 50-day moving average price is $64.07 and its 200-day moving average price is $62.55. There will be a conference call on February 4, 2022 at 8 a.m. 0000192879 00000 n Learn about Bristol Myers Squibb Paid Holidays, including a description from the employer, and comments and ratings provided anonymously by current and former Bristol Myers Squibb employees. This website uses cookies to provide website functionality. Bristol Myers Squibb employees are riding for cancer patients! The 2022 non-GAAP EPS guidance is further explained under Use of Non-GAAP Financial Information. The financial guidance is subject to risks and uncertainties applicable to all forward-looking statements as described elsewhere in this press release. 0000005253 00000 n Japan's Ministry of Health, Labour and Welfare also accepted the NDA for deucravacitinib for the treatment of adults with moderate to severe plaque psoriasis, pustular psoriasis and erythrodermic psoriasis. This earnings release and the accompanying tables also provide certain revenues and expenses as well as non-GAAP measures excluding the impact of foreign exchange. Sales from key loss of exclusivity (LOE) brands, which represent. Such risks, uncertainties and other matters include, but are not limited to: increasing pricing pressures from market access, pharmaceutical pricing controls and discounting; changes to tax and importation laws and other restrictions in the United States, the European Union and other regions around the world that result in lower prices, lower reimbursement rates and smaller populations for whom payers will reimburse; changes under the 340B Drug Pricing Program; challenges inherent in new product development, including obtaining and maintaining regulatory approval; the companys ability to obtain and protect market exclusivity rights and enforce patents and other intellectual property rights; the possibility of difficulties and delays in product introduction and commercialization; the risk of certain novel approaches to disease treatment (such as CAR T therapy); industry competition from other manufacturers; potential difficulties, delays and disruptions in manufacturing, distribution or sale of products, including without limitation, interruptions caused by damage to the companys and the companys suppliers manufacturing sites; the impact of integrating the companys and Celgenes business and operations, including with respect to human capital management, portfolio rationalization, finance and accounting systems, sales operations and product distribution, pricing systems and methodologies, data security systems, compliance programs and internal controls processes; the risk of an adverse patent litigation decision or settlement and exposure to other litigation and/or regulatory actions; the impact of any healthcare reform and legislation or regulatory action in the United States and international markets; increasing market penetration of lower-priced generic products; the failure of the companys suppliers, vendors, outsourcing partners, alliance partners and other third parties to meet their contractual, regulatory and other obligations; regulatory decisions impacting labeling, manufacturing processes and/or other matters; the impact on the companys competitive position from counterfeit or unregistered versions of its products or stolen products; the adverse impact of cyber-attacks on the companys information systems or products, including unauthorized disclosure of trade secrets or other confidential data stored in the companys information systems and networks; the companys ability to execute its financial, strategic and operational plans; the companys ability to identify potential strategic acquisitions, licensing opportunities or other beneficial transactions; the companys dependency on several key products; any decline in the companys future royalty streams; the companys ability to effectively manage acquisitions, divestitures, alliances and other portfolio actions and to successfully realize the expected benefits of such actions; the companys ability to attract and retain key personnel; the impact of the companys significant additional indebtedness that it incurred in connection with the Celgene acquisition and the MyoKardia acquisition; political and financial instability of international economies and sovereign risk; interest rate and currency exchange rate fluctuations, credit and foreign exchange risk management; the impact of adverse outcomes in lawsuits, claims, proceedings and government investigations; the impact of our exclusive forum provision in our by-laws for certain lawsuits on our stockholders ability to obtain a judicial forum that it finds favorable for such lawsuits; issuance of new or revised accounting standards; and risks relating to public health outbreaks, epidemics and pandemics, including the impact of the COVID-19 pandemic on the companys operations.

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