Bristol Myers' bowel disease drug fails to meet main goal in late-stage study

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via Bristol Myers Squibb (BMY.N) said on Thursday its experimental drug to treat Crohn's disease, a chronic inflammatory bowel condition, failed to meet the main goal in a late-stage study.
Crohn's disease, which results in the swelling or inflammation of the intestines, affects over one million people in the U.S., according to government data.

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