Giovanni Caforio, Bristol Myers Squibb CEO (Bristol Myers)

Bris­tol My­er­s' Op­di­vo turns the boat around in Q2 as man­u­fac­tur­ing is­sues haunt CAR-T launch

What a dif­fer­ence a quar­ter can make.

Sting­ing from a dip in sales for I/O block­buster Op­di­vo last quar­ter, Bris­tol My­ers Squibb’s top check­point in­hibitor turned the boat around in Q2, post­ing 16% growth from the same time­frame in 2020 to $1.91 bil­lion.

On a call with an­a­lysts, Bris­tol My­ers ex­ecs cit­ed the turn­around to Op­di­vo’s on­go­ing gas­tric can­cer launch as well as the in­evitable turn­around in pre­scrib­ing as the Covid-19 pan­dem­ic be­gins to wane. It’s a strong show­ing for Op­di­vo de­spite the fact that the Op­di­vo com­bo with CT­LA4 in­hibitor Yer­voy con­tin­ues turn­ing up red flags.

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