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CLAIM #11863 · Bristol-Myers Squibb Company (BMY) · 2023Q4 earnings call · Feb 2, 2024 · due Dec 31, 2024

So taken together, we're confident in Abecma's profile, looking forward to the ODAC, and I'm confident that will be more competitive this year.

Adam Lenkowsky · Chief Commercialization Officer

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resolved by a revision, graded at the moved level · official band 5 percent
Committed
I'm confident that will be more competitive this year
Reported
I would say that a product like Abecma has been more challenging for us

In context

DAC to reinforce the benefits of Abecma in a triple exposed patient population. As you can imagine our commercial teams have been launch-ready for some time and we're also seeing continued strong international performance. And we'll launch both Abecma and Breyanzi in a number of new countries this year. We've stated that, we're seeing continued impact from additional BCMA agents. This is a highly competitive market and putting some pressure on Abecma growth. But our teams are squarely focused on opening new accounts, expanding our site footprint, not just internationally, but also in the U.S. And coating the gap on efficacy perception, including solidifying any misconceptions around Abecma's efficacy and reinforcing Abecma's safety profile, particularly as it relates to CNS neurotoxicity. So taken together, we're confident in Abecma's profile, looking forward to the ODAC, and I'm confident that will be more competitive this year. Tim Power: Thanks, Adam. Can we go to the next question please, Andrea. Operator: The next question comes from Chris Schott of JPMorgan. Please go ahead. Chris Schott: Hi. Great. Thanks so much for the question. Just maybe a bigger picture question on the new launches. I think those new launches did about $3.6 billion in 2023. And I know you're not giving longer-term targets. But just any -- just rough framework of how to think about those sales in 2024, I guess, is there a target you're providing? If there is not a target, can you maybe just talk a little bit about any areas you see that maybe you're more or less optimistic versus where street consensus is? I know there's just -- there's quite a bit of focus on the trajectory of those ramps. Thanks so much. Chris Boerner: Thanks for the

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SEC filings for BMY · Claim quote is verbatim from the 2023Q4 earnings call.