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BMS buys SystImmune s lung cancer drug for $800M upfront

The ADC-focused deal between Bristol Myers Squibb and SystImmune could amount to $8.4 billion in total potential consideration.

AbbVie to acquire ADC manufacturer ImmunoGen for $10 1B in oncology play

The ImmunoGen deal, which is expected to close in the middle of 2024, is also estimated to be accretive to AbbVie’s diluted earnings per share beginning in 2027.

AbbVie ups profit outlook, BMS lowers forecast as sales dip

Outside of Humira revenue declines, AbbVie reported that both Skyrizi and Rinvoq experienced exceptional growth, with global revenues increasing 50.4% and 55.1% over the same period.

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