Pharma BD Deal Intelligence

Bristol-Myers Squibb Company / Eisai Co., Ltd.

2021 · Co-Development · $3.1B · Complete

CALLED IT — OFF BY 1
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The coverage arc

Jul 03, 2024 Inside Precision Medicine Bearish

Eisai and BMS end their $3.1 billion ADC deal, but Eisai announced it will continue independent development of MORAb-202 as a folate receptor alpha-targeted…

Sep 04, 2025 ClinicalTrials.gov (NCT05577715) Bearish

Phase 2 randomized NSCLC adenocarcinoma study of MORAb-202 (farletuzumab ecteribulin) TERMINATED; whyStopped: 'Business objectives have changed.' Last update…

Apr 30, 2026 ClinicalTrials.gov (NCT05613088) Neutral

Phase 2 open-label randomized study of farletuzumab ecteribulin vs investigator's choice chemotherapy in platinum-resistant HGS…

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BMS and Eisai entered a global co-development collaboration for MORAb-202, a folate receptor alpha-targeting ADC for advanced solid tumors.

Key facts

Related deals — scored

DealYearValueOutcome
Bristol-Myers Squibb Company / Eisai Co., Ltd. (this deal)2021$3.1B45
Bristol-Myers Squibb Company / Medarex Inc.2009$2.4B92
Bristol-Myers Squibb Company / Celgene Corporation2019$74.0B77
Bristol-Myers Squibb Company / MyoKardia Inc.2020$13.1B76
Bristol-Myers Squibb Company / Karuna Therapeutics2023$14.0B76
Bristol-Myers Squibb Company / Ono Pharmaceutical Co., Ltd.201176
Bristol-Myers Squibb Company / SystImmune Inc.2023$8.4B71

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