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BMS to Cut 2,200 Jobs in $1.5B Restructuring as Opdivo Sales Drop in Q1 - BioSpace
https://www.biospace.com/bms-to-cut-2-200-jobs-in-1-5b-restructuring-as-opdivo-sales-drop-in-q1
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Bristol Myers Squibb announced Thursday it is implementing major cost-cutting measures including thinning out its management layers. The pharma also reported modest revenue growth despite taking a 6% sales hit for lung cancer therapy Opdivo.
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