Bristol Myers (BMY) announced that the Committee for Medicinal Products for Human Use of the European Medicines Agency has recommended approval of Opdivo, in combination with platinum-based chemotherapy as neoadjuvant treatment, followed by Opdivo as monotherapy as adjuvant treatment after surgical resection for the treatment of resectable non-small cell lung cancer at high risk of recurrence in adult patients whose tumors have PD-L1 expression 1%. The CHMP adopted an opinion based on results from the CheckMate -77T trial, in which the perioperative regimen of neoadjuvant Opdivo with chemotherapy followed by surgery and adjuvant Opdivo monotherapy demonstrated statistically significant and clinically meaningful improvement in event-free survival, the study’s primary endpoint. The European Commission, which has the authority to approve medicines for the European Union, will now review the CHMP recommendation.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BMY:
- Bristol Myers announces CHMP recommendation for Opdivo formulation approval
- RFK Jr. plans to cut 10,000 jobs in HHS, WSJ reports
- Large pharma M&A deals stalling amid volatile policies, Reuters reports
- Bristol Myers Squibb put volume heavy and directionally bearish
- Bristol Myers Squibb call volume above normal and directionally bullish