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BLUE bluebird bio Inc

0.9298
0.0427 (4.81%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
bluebird bio Inc NASDAQ:BLUE NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.0427 4.81% 0.9298 0.9101 0.928 0.948 0.87 0.8946 8,633,205 00:59:51

Bristol Myers, Bluebird Gets FDA OK for Abecma in Multiple Myeloma

29/03/2021 12:53pm

Dow Jones News


bluebird bio (NASDAQ:BLUE)
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By Colin Kellaher

 

Bristol Myers Squibb Co. and bluebird bio Inc. said the U.S. Food and Drug Administration approved Abecma for the treatment of adults with the blood cancer multiple myeloma.

The companies said the approval covers the CAR T cell immunotherapy formerly known as idecabtagene vicleucel, or ide-cel, for adults with relapsed or refractory multiple myeloma after four or more prior lines of therapy.

New York-based Bristol Myers and bluebird, a Cambridge, Mass., biotechnology company, are jointly developing and commercializing Abecma in the U.S. For bluebird, the FDA nod marks its first approved treatment in oncology and first approved treatment in the U.S.

Shares of bluebird, which closed Friday at $29.98, rose more than 9% in premarket trading Monday.

 

Write to Colin Kellaher at colin.kellaher@wsj.com

 

(END) Dow Jones Newswires

March 29, 2021 07:38 ET (11:38 GMT)

Copyright (c) 2021 Dow Jones & Company, Inc.

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