In Vivo is part of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC’s registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call +44 (0) 20 3377 3183

Printed By

UsernamePublicRestriction
UsernamePublicRestriction

Bristol's Billion-Dollar Ante to Stay in the Cancer Game

Executive Summary

Bristol-Myer Squibb's deal to pay up to $2 billion for ImClone System's cancer drug, IMC-C225, should be viewed as a broad strategic move more than a product license. BMS badly needs to shore up its cancer franchise following the expiration of its Taxol patent. It paid dearly for IMC-C225, but unlike some competitors, BMS had no epidermal growth factor receptor-based drug in its pipeline. And because EGFr drugs are widely expected to achieve blockbuster status and be used in combination therapies, BMS needed one as a foundation asset around which to sell its other cancer drugs.
Advertisement
Advertisement

Related Content

Topics

Related Companies

Advertisement
UsernamePublicRestriction

Register

IV001742

Ask The Analyst

Ask the Analyst is free for subscribers.  Submit your question and one of our analysts will be in touch.

Your question has been successfully sent to the email address below and we will get back as soon as possible. my@email.address.

All fields are required.

Please make sure all fields are completed.

Please make sure you have filled out all fields

Please make sure you have filled out all fields

Please enter a valid e-mail address

Please enter a valid Phone Number

Ask your question to our analysts

Cancel