Bristol Myers Squibb's $14B Buyout Yields Breakthrough: KarXT Shows Year-Long Schizophrenia Relief

April 6, 2024
Bristol Myers Squibb's $14B Buyout Yields Breakthrough: KarXT Shows Year-Long Schizophrenia Relief
  • Bristol Myers Squibb acquired Karuna Therapeutics for $14 billion.

  • KarXT, a schizophrenia drug developed by Karuna, shows sustained efficacy over one year.

  • Over 75% of patients experienced a 'clinically meaningful' result from KarXT after one year.

  • Long-term data on KarXT was presented at the Schizophrenia International Research Society congress.

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