other material
confidence high
sentiment neutral
materiality 0.15
Bristol-Myers reports no CVR payment due for Abraxane 2022 net sales of $909M
BRISTOL MYERS SQUIBB CO
- 2022 Abraxane net sales of $908,974,933 triggered no payment under Celgene CVR agreement.
- Company notified trustee on Feb 23, 2023; no Net Sales Payment due per CVR terms.
- CVR relates to Celgene acquisition from Nov 2019; future payments may be disclosed on BMS website.