Bristol Myers Squibb Co., based in Princeton, NJ, employs 34,100 staff and develops biopharmaceuticals across various therapeutic classes, including oncology and immunology. Key products include Eliquis and Opdivo, with a strong pipeline featuring Krazati and KarXT.
BMY has been in the news recently: Cantor Fitzgerald has initiated coverage of Eli Lilly with an overweight rating and a 12-month price target of $975, highlighting the company's strong position in the obesity market. Additionally, President Trump's executive order may extend pricing freedom for small-molecule drugs, potentially impacting Medicare spending significantly.
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