BMS’ Neuro Pipeline Rallied by Celgene Mega-Merger as Cobenfy Delays Persist
Bristol Myers Squibb links its neuroscience “renaissance” to its $74 billion Celgene mega-merger in 2019, building a pipeline across schizophrenia, Alzheimer’s and multiple sclerosis. Cobenfy readouts for Alzheimer’s disease psychosis—after clinical trial setbacks—are now expected in 2027, with a possible interim analysis later this year. The company also highlights irafamdastat, a dual FAAH/MAGL inhibitor in Phase 2 for MS spasticity and Alzheimer’s agitation.