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Benzinga
Benzinga
Business
Vandana Singh

REVEALED: Bristol myers expands cell therapy portfolio with orbital therapeutics acquisition | Vintage Vibes

Orbital Bristol Myers BMY Bristol Myers Squibb biotechnology BMS United States
Rueil-malmaison,,France,-,August,13,,2023:,French,Headquarters,Of,Bristol-myers

Bristol Myers Squibb & Co. (NYSE:BMY) on Friday agreed to acquire Orbital Therapeutics, a privately held biotechnology company focused on RNA medicines that reprogram the immune system in vivo.

The US drug giant agreed to pay $1.5 billion in cash.

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