Pharma BD Deal Intelligence

Bristol-Myers Squibb Company / Five Prime Therapeutics, Inc. (CSF1R antibody program)

2015 · Licensing/Option · $1.7B · Terminated

Outcome grade pending — assessed 5 years post-close.

Full analysis, sources & comparables →

The coverage arc

Feb 18, 2020 Business Wire (Five Prime) Bearish

BMS informed Five Prime that the randomized Phase 2 trial of cabiralizumab plus Opdivo with and without chemotherapy did not meet its primary endpoint; BMS has…

Feb 19, 2020 MedCity News Bearish

The drug at the center of BMS's $1.7B partnership with Five Prime missed in Phase 2 pancreatic cancer, raising questions about whether…

Feb 19, 2020 OncLive Bearish

Adding the CSF1R inhibitor cabiralizumab to nivolumab did not improve PFS over standard chemo in advanced pancreatic cancer, dampening enthusiasm for…

Source summaries from our enrichment pipeline; follow links for originals.

All 5 sources with sentiment breakdown →

BMS entered an exclusive worldwide license and collaboration with Five Prime for the CSF1R antibody program including FPA008 (cabiralizumab). Five Prime received $350M upfront with up to $1.39B in development and regulatory milestones plus tiered double-digit royalties. The pivotal Opdivo + cabiralizumab pancreatic cancer trial (CARRY) failed in 2020.

Key facts

Related deals — scored

DealYearValueOutcome
Bristol-Myers Squibb Company / Five Prime Therapeutics, Inc. (CSF1R antibody program) (this deal)2015$1.7B
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

Compare all 7 side-by-side →

See the full interactive analysis, sources & comparables →