New details are emerging in the lawsuit against Bristol Myers Squibb over a scuppered Contingent Value Rights (CVR) payout tethered to its $74 billion Celgene takeover.
Former Celgene shareholders filed suit against BMS back in June, accusing the drugmaker of “blatant misconduct” in allegedly delaying development of CAR-T lymphoma therapy Breyanzi. At the time of the original filing, BMS declined to comment.
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