Report
Damien Conover
EUR 147.86 For Business Accounts Only

Despite Poor Lung Cancer Data, Bristol’s Opdivo Still Well Positioned in Immuno-Oncology

Bristol released new Opdivo data at the European Society of Medical Oncology, or ESMO, annual meeting, which will likely lead to lost ground in the largest immuno-oncology indication of first-line non-small cell lung cancer, but Opdivo remains in a solid position with several other cancer indications, and we don’t expect any major changes to our $71 fair value estimate. Further, while Merck’s Keytruda benefits from the Opdivo setback, we had already forecast robust Keytruda sales, and we don’t e...
Underlying
Bristol-Myers Squibb Company

Bristol-Myers Squibb is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of biopharmaceutical products. The company's products are sold worldwide, primarily to wholesalers, specialty distributors, retail pharmacies, hospitals, government entities and the medical profession. The company manufactures products in the United States and Puerto Rico and has manufacturing operations in two foreign countries. The company has products in the following therapeutic classes: hematology, oncology, cardiovascular and immunology. The company's pharmaceutical products include chemically-synthesized or small molecule drugs and products produced from biological processes, called biologics.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Damien Conover

Other Reports on these Companies
Other Reports from Morningstar

ResearchPool Subscriptions

Get the most out of your insights

Get in touch