Bristol Myers' Deucravacitinib Under FDA Review For Plaque Psoriasis


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The FDA has accepted for review Bristol Myers Squibb & Co's (NYSE:BMY) deucravacitinib for the treatment of adults with moderate to severe plaque psoriasis.

  • The European Medicines Agency has also validated the deucravacitinib marketing application for plaque psoriasis.
  • The FDA has assigned a Prescription Drug User Fee Act (PDUFA) goal date of September 10, 2022. 
  • The regulatory applications are based on positive results from the pivotal POETYK PSO-1 and POETYK PSO-2 trials, which evaluated once-daily deucravacitinib versus placebo and Amgen Inc's (NASDAQ:AMGN) Otezla (apremilast). 
  • Deucravacitinib demonstrated significant and clinically meaningful improvements in skin clearance, symptom burden, and quality of life measures compared to placebo and Otezla. 
  • Deucravacitinib is an oral, selective tyrosine kinase 2 (TYK2) inhibitor.
  • See here Benzinga's Full FDA Calendar.
  • Price Action: BMY shares are down 1.02% at $55.96 during the market session on the last check Monday.

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: BiotechNewsHealth CareFDAGeneralBriefsPsoriasis