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Investors anxiously waiting for Bristol Myers Squibb’s key Alzheimer’s disease psychosis readout for Cabenfy will have to wait a little longer. | Investors awaiting Bristol Myers Squibb’s key Alzheimer’s psychosis readout for Cobenfy and atrial fibrillation data for milvexian will have to wait a little longer.
Bristol Myers Squibb delays Cobenfy (Alzheimer psychosis) data readout again from 2026 to 2027 due to slower enrollment; Q2 beat estimates with +5.7% revenue growth (2026 guidance raised to $49-50B). Repeated delays signal risks on pharma mega-deals; BMS integrates Claude Anthropic for R&D enterprise-wide, leveraging AI-driven discovery to accelerate biotech pipelines.
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