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Atrium Gets $15M Milestone From Bristol-Myers for RNA Lead Compound

Bristol-Myers Squibb logoBristol-Myers Squibb
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Atrium Therapeutics logoAtrium Therapeutics
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Atrium Therapeutics received a $15 million milestone payment from Bristol-Myers Squibb after delivering a lead RNA compound for an undisclosed cardiology indication. Atrium reported Q2 collaboration revenue of $3.0 million and a $20.18 million net loss, while holding a $264 million cash cushion. Bristol-Myers’ second CELMoD candidate, mezigdomide, remains under FDA review with a May 13, 2027 PDUFA date.

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