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crudeoil24

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Thursday, 05/12/2022 9:52:06 AM

Thursday, May 12, 2022 9:52:06 AM

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BridgeBio Eligible To Receive Up To $905M From Bristol Myers Squibb In Agreement
7:33 am ET May 12, 2022 (Benzinga) Print
- BridgeBio is eligible to receive up to $905 million, including an upfront payment of $90 million, and up to $815 million in additional milestone payments and royalties


-SHP2 inhibitor deal expands earlier agreement between BridgeBio and Bristol Myers Squibb to study BBP-398 in combination with OPDIVO® (nivolumab) in advanced solid tumors with KRAS mutations



- BridgeBio will continue to lead its three current Phase 1 monotherapy and BBP-398 combination therapy trials with additional support from Bristol Myers Squibb; future clinical trials will be performed and funded by Bristol Myers Squibb

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