0000004307 00000 n Celestica - Ireland. Usually give off For the year end holidays too! No forward-looking statement can be guaranteed. Sales from key loss of exclusivity (LOE) brands, which represent. For more information, visit www.tptherapeutics.com. Forward-looking statements in this earnings release should be evaluated together with the many risks and uncertainties that affect the companys business and market, particularly those identified in the cautionary statement and risk factors discussion in the companys Annual Report on Form 10-K for the year ended December 31, 2020, as updated by the companys subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the Securities and Exchange Commission. Our mission to enhance the lives of patients requires an investment in a strong learning culture. Learn more about the cookies we use on our General Privacy Notice page. INVESTORS AND TURNING POINT THERAPEUTICS STOCKHOLDERS ARE STRONGLY ADVISED TO READ THE TENDER OFFER STATEMENT (INCLUDING AN OFFER TO PURCHASE, LETTER OF TRANSMITTAL AND RELATED TENDER OFFER DOCUMENTS) AND THE RELATED SOLICITATION/ RECOMMENDATION STATEMENT ON SCHEDULE 14D-9 THAT WILL BE FILED BY TURNING POINT THERAPEUTICS WITH THE SEC, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION THAT SHOULD BE CONSIDERED BY TURNING POINT THERAPEUTICSS INVESTORS BEFORE ANY DECISION IS MADE WITH RESPECT TO THE TENDER OFFER. Turning Point Therapeutics lead asset, repotrectinib, is a next-generation, potential best-in-class tyrosine kinase inhibitor (TKI) targeting the ROS1 and NTRK oncogenic drivers of non-small cell lung cancer (NSCLC) and other advanced solid tumors. June 08, 2022 06:59 AM Eastern Daylight Time. 0000006494 00000 n The company was founded in 1887 and is based in New York, New York. No forward-looking statement can be guaranteed, including that the companys future clinical studies will support the data described in this release, product candidates will receive necessary clinical and manufacturing regulatory approvals, pipeline products will prove to be commercially successful, clinical and manufacturing regulatory approvals will be sought or obtained within currently expected timeframes or contractual milestones will be achieved. Apr 2021 - Oct 2022 1 year 7 months. The Bristol-Myers Squibb Benefits Program gives you the flexibility and opportunity to choose from a variety of options. Gordon Dyal & Co., LLC is serving as the exclusive financial advisor to Bristol Myers Squibb, and Kirkland & Ellis LLP is serving as legal counsel. The website may also contain certain non-GAAP financial measures, adjusted to include certain costs, expenses, gains and losses and other specified items. 0000042788 00000 n 0000007256 00000 n 0000002307 00000 n Note to new hires: Access to enrollment site will begin 3-5 days after your hire date. 0000193195 00000 n With support and coaching from your colleagues, youre encouraged to take on stretch assignments that maximize your learning experience. Our financial strength, dedicated workforce and proven ability to execute will enable us to continue to advance our pipeline, invest in future sources of innovation and position the company for sustained growth., $ amounts in millions, except per share amounts. NEW YORK--(BUSINESS WIRE)-- Bristol-Myers Squibb, one of the world's largest pharmaceutical companies, arose out of a 1989 merger and today focuses on the manufacture of prescription medicines for the treatment of cancer . We routinely post important information for investors on our website, BMS.com, in the Investors section. Under the terms of the merger agreement, Bristol Myers Squibb will promptly commence a tender offer to acquire all of the outstanding shares of Turning Point Therapeutics common stock at a price of $76.00 per share in an all-cash transaction for a total consideration of $4.1 billion in equity value. The non-GAAP financial measures are provided as supplemental information to the financial measures presented in this communication that are calculated and presented in accordance with GAAP and are presented because management has evaluated the companys financial results both including and excluding the adjusted items or the effects of foreign currency translation, as applicable, and believes that the non-GAAP financial measures presented portray the results of the company's baseline performance, supplement or enhance management, analysts and investors overall understanding of the companys underlying financial performance and trends and facilitate comparisons among current, past and future periods. Bristol Myers Squibb Vacation & Paid Time Off 344 employees reported this benefit 4.4 54 Ratings Available to US-based employees Change location Employer Verified Mar 7, 2022 Employee Comments Showing 1-10 of 54 Jan 28, 2023 4.0 Current Direcror in nullnull Comparable to big Pharma company Helpful Report Dec 22, 2022 4.0 Bristol Myers Squibb is introducing its 2022 GAAP EPS guidance range of $3.37 - $3.67 and reaffirming its non-GAAP EPS guidance range of $7.65 - $7.95. This led to the automatic termination of the CVR agreement Jan. 1,2021 rendering the CVRs as ineligible for payment under the agreement. Reconciliations of these non-GAAP financial measures to the most comparable GAAP measures for a particular quarterly period are available on the companys website at www.bms.com . Special . Recently declared a week off fro everybody between xmas and new years. They offer 3 weeks after 3 or 4 years and they go up every couple of years. Month List Download. Job security always hanging over your head. Bristol-Myers confirmed that it had signed a deal to develop Agenus antibody treatment known as AGEN1777. With repotrectinib, we have the opportunity to change the standard of care and address a significant unmet medical need for ROS1-positive non-small cell lung cancer patients., Through this transaction, we will be able to harness the full potential of our precision oncology platform to advance the standard of care for cancer patients. Because the non-GAAP financial measures are not calculated in accordance with GAAP, they should not be considered superior to and are not intended to be considered in isolation or as a substitute for the related financial measures presented in the press release that are prepared in accordance with GAAP and may not be the same as or comparable to similarly titled measures presented by other companies due to possible differences in method and in the items being adjusted. All of our employees must comply with the highest standards of data privacy protection consistent with the laws of the jurisdiction in which they operate. %PDF-1.5 % Bristol-Myers Squibb bulls will hope to hear the company announce they've not only beaten. The forward-looking statements made in this communication relate only to events as of the date on which the statements are made. Bristol Myers Squibb expects to finance the acquisition with cash on hand. Bristol ups aid. The performance of key suppliers is monitored regularly. Our Continuing Business, which represents in-line products and new product portfolio, is expected to grow in the low-double digits and contribute approximately $36.5 billion in 2022. After the war and into the 1960s, both Squibb and Bristol-Myers expanded their production and research of antibiotics. All statements that are not statements of historical facts are, or may be deemed to be, forward-looking statements. All comparisons are made versus the same period in 2021 unless otherwise stated. Yield Attractiveness B 3.27% forward dividend yield. 0000005253 00000 n 0000007493 00000 n A dds details on agreement, background. There is a pregnancy exposure registry that monitors the outcomes of females who take REVLIMID during pregnancy, or if their male partner takes REVLIMID and they are exposed during pregnancy. Key 2022 GAAP and non-GAAP line-item guidance assumptions are: The 2022 financial guidance excludes the impact of any potential future strategic acquisitions and divestitures, and any specified items that have not yet been identified and quantified. Bristol Myers Squibb These documents are available from the Securities and Exchange Commission, the Bristol Myers Squibb website or from Bristol Myers Squibb Investor Relations. endstream (PDF). 866 0 obj With this transaction, we are continuing our strong track record of strategic business development to further enhance our growth profile., Todays news builds upon our long legacy of pioneering next-generation medicines for patients with cancer, said Samit Hirawat, M.D., Chief Medical Officer, Global Drug Development, Bristol Myers Squibb. Non-GAAP EPS . ET. 0000030221 00000 n Bristol-Myers Squibb had a positive return on equity of 33.76% and a negative net margin of 14.53%. A discussion of the non-GAAP financial measures is included under the Use of Non-GAAP Financial Information section. 813 55 Bristol-Myers is Eisai Co., Ltd. and Bristol-Myers Squibb Company (NYSE: 21-04897. "The first of the new aircraft will enter service in late-2023, with the bulk to . By 1943, Squibb operated the largest penicillin production plant in the world in New Brunswick, New Jersey. Bristol-Myers Squibb Company ( BMY) will begin trading ex-dividend on July 01, 2021. Bristol Myers Squibb is also reaffirming its previously communicated 2020-2025 long-term targets: This financial guidance excludes the impact of any potential future strategic acquisitions and divestitures as well as any specified items as discussed under Use of Non-GAAP Financial Information. There is no reliable or reasonably estimable comparable GAAP measures for this non-GAAP financial guidance. Marketing, selling and administrative expenses decreased 13% to $2.4 billion in the quarter primarily due to cash settlement of MyoKardia unvested stock awards in the prior year, and certain incremental and accelerated investments to support our business in 2020, partially offset by investments to support new product launches. International revenues increased 4% to $4.5 billion in the quarter. Such forward-looking statements are based on current expectations and involve inherent risks and uncertainties, including factors that could delay, divert or change any of them, and could cause actual outcomes and results to differ materially from current expectations. It includes chemically-synthesized drugs or small molecules and products produced from biological processes called biologics. Headquarters Location 430 E. 29th Street 14th Floor New York, New York, 10016, United States