Bristol-Myers Lung Cancer Drug Opdivo Wins Speedy OK

By | March 4, 2015

Scalper1 News

The Food and Drug Administration approved Bristol-Myers Squibb’s (BMY) PD-1 inhibitor Opdivo for squamous-cell lung cancer Wednesday, well ahead of the expected timeline. The stock jumped to a 14-year high near 65. Opdivo was first approved for advanced melanoma in December, and positive lung-cancer data in January increased Wall Street’s confidence that it would also get approved for that disease. However, they weren’t all prepared for it to Scalper1 News

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