BRISTOL MYERS SQUIBB

A wearable heart monitor increases A-fib detection by over 50% but did not reduce strokes in a study involving over 12,000 older Americans. The study, led by Dr. Renato Lopes of Duke Clinical Research Institute, was presented at the European Society of Cardiology meeting and published in the Journal of the American College of Cardiology.

Nxera Pharma received $35m from Neurocrine Biosciences after positive Phase II trial data of NBI-568 in schizophrenia, potentially leading to $2.6bn total and $202m in sales by 2030. The trial met primary endpoint with a 20mg dose significantly reducing symptoms, advancing to Phase III in 2025. Current treatments have significant side effects, driving demand for new medications targeting both positive and negative schizophrenia symptoms.

Iovance Biotherapeutics' MDA-TIL trial terminated due to lack of efficacy, leading to drops in Phase Transition Success Rates (PTSR) in various cancers. Sention Therapeutics' ST-1891 and Armata Pharmaceuticals' APPA-02 trials completed successfully in hypothyroidism and bronchiectasis, respectively, boosting their PTSRs. Karyopharm Therapeutics' Xpovio trial in metastatic melanoma and Worg Pharmaceuticals Hangzhou's WP-1302 trial in Graves' disease were terminated, affecting their PTSRs negatively.

Bristol Myers Squibb presents long-term follow-up results from the EXPLORER-LTE cohort of the MAVA-LTE trial, showing sustained efficacy and safety of CAMZYOS in treating NYHA class II-III symptomatic obstructive hypertrophic cardiomyopathy (oHCM) over 3.5 years, with consistent improvements in echocardiographic measures and biomarkers, and most patients reaching NYHA class I.