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January 25, 2006
By: Tim Wright
Bristol-Myers Squibb 4Q Revenues: $5 billion (-3%) 4Q Earnings: $499 million (+259%) FY Revenues: $19 billion (-1%) FY Earnings: $3 billion (+25%) Comments: Orencia was approved for the treatment of RA symptoms in the quarter. Worldwide pharmaceutical sales decreased 3% to $4 billion in the quarter. Sales of Plavix increased 11% to $1 billion in the quarter; sales of Avapro/Avalide increased 7% to $277 million in the quarter; total revenue for Abilify increased 17% to $224 million. R&D spend was up 14% in the quarter to $775 million.
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