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Bristol Myers Squibb's stock is up on Monday after good news about its drug trials.

TrialRead the original at Benzinga
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Bristol Myers Squibb reported that RYZ101 met its main trial goal and 60 mg admilparant improved lung capacity. The 120 mg dose did not show a clear enough result, and RYZ101 still needs regulator talks, but the 2 successful results support the company.

BMY · Bristol Myers Squibb & Co.

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These results give Bristol Myers Squibb 2 possible treatments that could move closer to patients. RYZ101 met its main trial goal, and the 60 mg admilparant dose improved lung capacity compared with a placebo. The 120 mg dose slowed the decline but did not show a clear enough result. RYZ101 also needs talks with regulators before a formal application. The 2 successful results outweigh these limits.

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