Foundation Medicine to develop companion diagnostic for Bristol Myers' cancer drug repotrectinib

Apr. 11, 2023 11:21 AM ETBristol-Myers Squibb Company (BMY)By: Ravikash, SA News Editor
Bristol Myers Squibb (<a href='https://seekingalpha.com/symbol/BMS' title='Bemis Company, Inc.'>BMS</a>)

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  • Foundation Medicine said it expanded collaboration with Bristol Myers Squibb (NYSE:BMY) to develop a tissue-based test FoundationOne CDx, as a companion diagnostic for Bristol Myers' investigational oral cancer drug repotrectinib.
  • Repotrectinib, a tyrosine kinase inhibitor (TKI), is being evaluated in an ongoing phase

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