If you go to Bristol-Myers Squibb's website and click on investor, you will see:
Events and PresentationsBristol-Myers Squibb at Morgan Stanley Global Healthcare Conference
Monday, September 14, 2009
Webcast replay
If you sign up and play the webcast, you get the feeling that it all comes down to greed and money in my opinion. Market share, Patients, Doctors all in one breath.
Have patient become a comodity? We will vote with our feet and voices.
When they say, “What sets us apart? We believe it's our commitment to patients with serious diseases, our focus on finding innovative medicines that combat those diseases, and our dedication to extending and enhancing human life.”
All smoke and mirrors!!!!!!!
But if you listen and reach 25.55 minutes into the webcast, there is a question on Medarex and Ipilimumab. Fully human anti CTLA-4 monoclonal antibody in advanced clinical trials, Metastatic Melanoma. Phase III Data Overall Suvival data will be out shortly. With these results (I believe will be positive) in hand, I believe that Bristol-Myers Squibb (BMY) will apply for a biological licence from the FDA.
Biological products often represent the cutting edge of medical science and research. Also known as biologics, these products replicate natural substances such as enzymes, antibodies, or hormones in our bodies.
What is FDA's role regarding biological products?
FDA's regulatory authority for the approval of biologics resides in the Public Health Service Act (PHS). However, biologics are also subject to regulation under the Federal Food, Drug, and Cosmetic Act (FD&C Act) because most biological products also meet the definition of "drugs" cited within this Act.
BMY Webcast
Take Care,
Jimmy B
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