Fresh off closing its $14 billion acquisition of Karuna Therapeutics a few weeks ago, Bristol Myers Squibb is presenting long-term data for its new subsidiary’s promising schizophrenia drug, known as KarXT.
Bristol Myers said KarXT’s efficacy was maintained through one year in an open-label extension, presenting the data Saturday at the Schizophrenia International Research Society congress. Additionally, more than 75% of patients who continued taking the drug for a year achieved a “clinically meaningful” result, BMS senior VP of global drug development Roland Chen told Endpoints News.
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