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Bristol Myers dodges one $6.4B Celgene buyout CVR suit, but the battle is far from over


Did Bristol Myers Squibb deliberately drag its feet with Breyanzi’s FDA application to avoid paying former Celgene shareholders $6.4 billion? A federal judge found no proof of that intent. | Did Bristol Myers Squibb deliberately dragged its feet with Breyanzi’s FDA application to avoid paying former Celgene shareholders $6.4 billion? A federal judge found no proof of that intent. But as Mizuho analyst Salim Syed noted, BMS’ legal battle around the CVR is far from over.


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