Oncology Central

Bristol-Myers hooks immuno-oncology drug in billion dollar deal: industry news round up

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Bristol-Myers Squibb hooks the next big immuno-oncology drug in record $3.6 billion deal with Nektar

Nektar Therapeutics has made a record, multi­bil­lion-dol­lar part­ner­ship deal with Bris­tol-Myers Squibb (BMS) for a mi­nor­ity share of its early-stage im­muno-on­col­ogy drug NKTR-214.

The deal provides BMS with an exclusive development period to pursue a broad new combo development program covering 20 indications involving nine tumors, matching ‘214 with BMS’s two existing immuno-oncology leaders – PD-1 (Opdivo®) and CTLA-4 (Yervoy®).

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