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9 Jan 2012

BMS Named Best Big Drug Company of 2011

BMS enjoyed a successful year, with several pipeline drugs reporting positive trial results and clearing regulatory hurdles.

US-based pharmaceutical company Bristol-Myers Squibb has been named 'Best Big Drug Company of 2011' by US-based business magazine Forbes on the back of a 32% share price hike over the course of the year.

 

BMS enjoyed a successful year, with several pipeline drugs reporting positive trial results and clearing regulatory hurdles.

 

The company's cancer treatment Yervoy, the first drug shown to extend patient survival in those suffering metastatic melanoma by several months, received US FDA approval, with analysts citing it as a potential multi-billion dollar drug.

 

BMS also published the results of a clinical trial of blood-thinning drug Eliquis, the first anti-coagulant proven to reduc

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