Name: UPDATE 2-Bristol Myers posts quarterly loss, revenue rises 5%
Uploaded: 2024-04-25T08:19:46-04:00
Duration: 5 min
Description: (Adds details on cost-saving program in paragraphs 15-16, updates shares) By Deena Beasley April 25 (Reuters) – Bristol Myers Squibb on Thursday reported a first-quarter loss as charges related to its recent acquisitions of Karuna Therapeutics, RayzeBio and Mirati Therapeutics offset a 5% increase in revenue. The New Jersey-based drugmaker posted a loss of $4.40 […]

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UPDATE 2-Bristol Myers posts quarterly loss, revenue rises 5%

(Adds details on cost-saving program in paragraphs 15-16, updates shares) By Deena Beasley April 25 (Reuters) – Bristol Myers Squibb on Thursday reported a first-quarter loss as charges related to its recent acquisitions of Karuna Therapeutics, RayzeBio and Mirati Therapeutics offset a 5% increase in revenue. The New Jersey-based drugmaker posted a loss of $4.40 […]