Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bristol-Myers Says Liver Cancer Drug Didn’t Meet Goals in Trial

Bristol-Myers Squibb Co. said its experimental brivanib drug for liver cancer didn’t improve patient survival better than a placebo.

The study, one of four final-stage clinical trials evaluating brivanib in liver cancer, tested the experimental drug in patients who failed on or were intolerant to Nexavar, the liver cancer drug from Onyx Pharmaceuticals Inc. and Bayer AG, Bristol said today in a statement. New York-based Bristol will continue with the other trials, it said.

“We remain committed to the development of brivanib as a potential treatment option for patients with liver cancer,” said Brian Daniels, a Bristol senior vice president, in the statement. A study testing the drug as an initial treatment for liver cancer is expected to finish in 2012, the company said.

The failure “won’t matter much” as sales expectations for brivanib are not high, Mark Schoenebaum, an analyst at ISI Group, said in a research note. The most notable use for the drug is as an initial treatment, he said. The trial for that treatment is comparing the Bristol drug with Nexavar.

The failure of the drug to work in this study “reduces, but does not entirely rule out” the chances that brivanib will work as a first treatment, Schoenebaum wrote. Brivanib could have sales of $150 million in 2020, he said.

In its statement, Bristol said it would present detailed results of the failed study at a future scientific meeting.

Editors: Chris Staiti, Stephen West

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.