05.08.2016 20:00:00
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Bristol-Myers Squibb Company -- Moody's: Bristol's lung cancer trial result a major setback
New York, August 05, 2016 -- Moody's Investors Service commented that Bristol-Myers Squibb's disappointing clinical trial result for Opdivo in first-line lung cancer is a setback because this indication represented a sizeable growth opportunity. There is no impact on Bristol's A2/Prime-1 ratings or stable rating outlook.