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In The Hot Seat: Bristol Defends IO Position Amid Sliding Stock And Forecasts

Executive Summary

Bristol's stock price dipped after the AACR meeting, where pivotal lung cancer data for Opdivo/Yervoy disappointed relative to Merck's Keytruda/chemo combo, but Bristol still has many immuno-oncology irons in the fire in other indications and expressed confidence in its strategy.

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