Bristol Myers Squibb has received approval from the European Commission to use its Opdivo (nivolumab) in combination with platinum-based chemotherapy for treating certain lung cancer patients. This treatment specifically targets adults with resectable non-small cell lung cancer (NSCLC) who exhibit a high risk of recurrence and have a tumor cell PD-L1 expression of 1% or greater.
This approval stems from the promising results of the Phase 3 CheckMate -816 trial, where Opdivo and chemotherapy combination before surgery was shown to improve event-free survival and pathologic complete response when compared to chemotherapy alone. Notably, this marks the first time an immunotherapy-based option has been approved in the EU for neoadjuvant treatment of patients with resectable NSCLC, according to Nasdaq.
Dr. Nicolas Girard, a thoracic oncology professor, highlighted the potential of this development to enhance treatment strategies for non-metastatic NSCLC and reduce cancer recurrence risks post-surgery. Following this milestone, Bristol Myers's stock saw a rise, trading at $45.81 USD, marking a 3.82% increase. This move reflects the company's ongoing commitment to providing advanced treatment options in the European market.