Absence of Black Box Warning For Bristol Myers' Schizophrenia Treatment Could Enhance Alzheimer's Psychosis Potential
BOXBox(BOX) Benzinga·2024-09-28 03:06

On Thursday, the FDA approved Bristol Myers Squibb & Co’s BMY Cobenfy (xanomeline and trospium chloride, KarXT), an oral medication for schizophrenia in adults.BMO Capital analyst notes that the FDA approval without a boxed warning is a significant positive for Bristol Myers shares.The analyst notes that given that many prior antipsychotic medications received black box warnings due to increased mortality risks, particularly in elderly patients, Cobenfy’s absence of such a warning could significantly enhanc ...