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Bristol Myers SquibbIn development

BMS’ neuro renaissance was built on back of Celgene mega-merger

What happened

Bristol Myers Squibb is currently evaluating its drug Cobenfy in clinical trials for bipolar-1 mania, Alzheimer’s disease agitation, Alzheimer’s cognition and pediatric autism irritability.

Source

Article excerpt

When it comes to neuroscience, Bristol Myers Squibb watchers are laser-focused on the upcoming readouts for Cobenfy - the schizophrenia drug the pharma acquired in the $14 billion purchase of Karuna Therapeutics - in Alzheimer’s disease psychosis. But BMS has a deeper neuro pipeline, built upon a much larger transaction - the $74 billion mega-merger with Celgene in 2019. Readouts for Cobenfy - approved in 2024 as the first new schizophrenia treatment in decades - in Alzheimer’s disease psychosis have been repeatedly delayed by clinical trial challenges and are now expected in 2027, with a possible interim analysis later this year. But BMS touts a growing pipeline of neuroscience assets in Alzheimer’s, multiple sclerosis and other neuropsychiatric diseases. BMS stepped away from neuro in 2013, instead throwing its primary capital and resources behind immuno-oncology and other priority focuses. Ken Rhodes, vice president of neuroscience, told BioSpace he joined BMS in July 2023 “out of excitement about what the company was doing as it re-entered [the space].” The company’s neuroscience renaissance began with its $74 billion mega-merger with Celgene in 2019, Rhodes continued. “Through the acquisition and looking at the portfolio that the Celgene crew had put together, I think BMS realized the value in that portfolio and chose to sort of re-enter the therapeutic area in...

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Extracted from this sentence

BMS is currently evaluating Cobenfy in bipolar-1 mania, Alzheimer’s disease agitation, Alzheimer’s cognition and pediatric autism irritability.

Extracted by Autobound

From the Signal API record
Event
In development

What this signalsWork in development often leads to new buying for tools, data and services.

Product
Cobenfy

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The full record

From the Signal API record

Topics and mentions

Product tags

  • medical

Extraction

Confidence
90%
Detected
Aug 31, 2026
signal_type
news
signal_subtype
is_developing

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The API returns more than this page shows

This page shows a preview. The full news 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/308ed0ef-b81f-ebb0-9b13-93275d4d7c07 returns this record as JSON. POST /v1/companies/enrich returns every signal for bms.com.

{
  "signal_id": "308ed0ef-b81f-ebb0-9b13-93275d4d7c07",
  "signal_type": "news",
  "signal_subtype": "is_developing",
  "detected_at": "2026-08-31T05:04:48+00:00",
  "company": {
    "name": "Bristol Myers Squibb",
    "domain": "bms.com"
  },
  "data": {
    "url": "https://www.biospace.com/drug-development/bms-neuro-renaissance-was-built-on-back-of-celgene-mega-merger",
    "title": "BMS’ neuro renaissance was built on back of Celgene mega-merger - BioSpace",
    "excerpt": "When it comes to neuroscience, Bristol Myers Squibb watchers are laser-focused on the upcoming readouts for Cobenfy - the schizophrenia drug the pharma acquired in the $14 billion purchase of Karuna Therapeutics - in Alzheimer’s disease psychosis. But BMS has a deeper neuro pipeline, built upon a much larger transaction - the $74 billion mega-merger with Celgene in 2019. Readouts for Cobenfy - approved in 2024 as the first new schizophrenia treatment in decades - in Alzheimer’s disease psychosis have been repeatedly delayed by clinical trial challenges and are now expected in 2027 , with a possible interim analysis later this year. But BMS touts a growing pipeline of neuroscience assets in Alzheimer’s, multiple sclerosis and other neuropsychiatric diseases. BMS stepped away from neuro in 2013, instead throwing its primary capital and resources behind immuno-oncology and other priority focuses. Ken Rhodes, vice president of neuroscience, told BioSpace he joined BMS in July 2023 “out of excitement about what the company was doing as it re-entered [the space].” The company’s neuroscience renaissance began with its $74 billion mega-merger with Celgene in 2019, Rhodes continued. “Through the acquisition and looking at the portfolio that the Celgene crew had put together, I think BMS realized the value in that portfolio and chose to sort of re-enter the therapeutic area in earnest.”...",
    "product": "Cobenfy",
    "summary": "Bristol Myers Squibb is currently evaluating its drug Cobenfy in clinical trials for bipolar-1 mania, Alzheimer’s disease agitation, Alzheimer’s cognition and pediatric autism irritability.",
    "planning": true,
    "image_url": "https://static.biospace.com/dims4/default/36e085e/2147483647/strip/true/crop/780x439+7+0/resize/1440x810!/quality/90/?url=https%3A%2F%2Fk1-prod-biospace.s3.us-east-2.amazonaws.com%2Fbrightspot%2F59%2Fbf%2F60da967548e9a801332254b00fae%2Fhope.jpg",
    "confidence": 0.9,
    "product_data": {
      "name": "Cobenfy",
      "full_text": "Cobenfy",
      "fuzzy_match": false
    },
    "product_tags": [
      "medical"
    ],
    "published_at": "2026-08-31T05:04:48Z",
    "article_sentence": "BMS is currently evaluating Cobenfy in bipolar-1 mania, Alzheimer’s disease agitation, Alzheimer’s cognition and pediatric autism irritability."
  }
}

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