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Bristol Myers Squibb10-K: Platform strategy

BMY focuses R&D on novel modalities like cell therapies, protein degraders, and ADCs.

What happened

To combat upcoming patent expirations, BMY is concentrating R&D investment in specific disease areas (oncology, immunology, cardiovascular, neuroscience) and advanced technology platforms.

Source

SEC EDGARFeb 11, 2026

Annual report (Form 10-K)

Bristol Myers Squibb 10-K for FY2025

Filing excerpt

We concentrate our R&D efforts in the following disease areas with significant unmet medical needs: oncology and hematology with novel modalities in cell therapies, protein degraders, ADCs and radiopharmaceuticals; immunology with a focus on establishing new standards of care in pulmonology, rapidly advancing cell therapy into immunology diseases and transformational programs to control inflammation, reset immune memory and promote homeostasis in rheumatology disorders; cardiovascular diseases by leveraging deep expertise across thrombotic diseases, heart failures and cardiomyopathies; neuroscience with a focus on developing new treatments in neuropsychiatry and neurodegeneration...

sec.gov/Archives/edgar/data/14272/000001427226000004/bmy-20251231.htmRead the full source

Other signals in this filing (11)

Extracted by Autobound

From the Signal API record
Signal
10-K: Platform strategy

What this signalsFilings often name leadership changes, deals and spending plans.

Period
FY2025
Fiscal year end
12/31
Filed
Feb 11, 2026

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The full record

From the Signal API record

Details

CIK
14272
Accession number
0000014272-26-000004
Timeframe
Multi year
Filing year
2026
Why it matters
Platform tools needed
Signal category
Strategic

Topics and mentions

Technologies

  • cell therapies
  • protein degraders
  • ADCs
  • radiopharmaceuticals
  • biologics
  • CAR-T cell therapies

Extraction

Confidence
High
Relevance
80%
Sentiment
Positive
Detected
Feb 17, 2026
signal_type
sec-10k
signal_subtype
platformStrategy

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The API returns more than this page shows

This page shows a preview. The full sec-10k record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/5f6d3ddf-0931-4724-85f6-bb1a243ee0d7 returns this record as JSON. POST /v1/companies/enrich returns every signal for bms.com.

{
  "signal_id": "5f6d3ddf-0931-4724-85f6-bb1a243ee0d7",
  "signal_type": "sec-10k",
  "signal_subtype": "platformStrategy",
  "detected_at": "2026-02-17T06:30:02.078+00:00",
  "company": {
    "name": "Bristol Myers Squibb",
    "domain": "bms.com"
  },
  "data": {
    "detail": "To combat upcoming patent expirations, BMY is concentrating R&D investment in specific disease areas (oncology, immunology, cardiovascular, neuroscience) and advanced technology platforms. This signals a strategic shift and budget allocation towards specialized research tools, manufacturing capabilities, and clinical trial support for these complex modalities.",
    "metrics": {
      "timeframe": "multi_year"
    },
    "summary": "BMY focuses R&D on novel modalities like cell therapies, protein degraders, and ADCs.",
    "excerpts": "We concentrate our R&D efforts in the following disease areas with significant unmet medical needs: oncology and hematology with novel modalities in cell therapies, protein degraders, ADCs and radiopharmaceuticals; immunology with a focus on establishing new standards of care in pulmonology, rapidly advancing cell therapy into immunology diseases and transformational programs to control inflammation, reset immune memory and promote homeostasis in rheumatology disorders; cardiovascular diseases by leveraging deep expertise across thrombotic diseases, heart failures and cardiomyopathies; neuroscience with a focus on developing new treatments in neuropsychiatry and neurodegeneration...",
    "relevance": 0.8,
    "sentiment": "positive",
    "confidence": "high",
    "source_url": "https://www.sec.gov/Archives/edgar/data/14272/000001427226000004/bmy-20251231.htm",
    "filing_date": "2026-02-11",
    "filing_year": 2026,
    "fiscal_year_end": "12/31",
    "sales_relevance": "Platform tools needed",
    "signal_category": "strategic",
    "technologies_mentioned": [
      "cell therapies",
      "protein degraders",
      "ADCs",
      "radiopharmaceuticals",
      "biologics",
      "CAR-T cell therapies"
    ]
  }
}

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