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Revenues up 5%
April 26, 2012
By: Tim Wright
Bristol-Myers Squibb 1Q Revenues: $5.3 billion (+5%) 1Q Earnings: $1.1 billion (+12%) Comments: U.S. sales increased 6% to $3.5 billion in the quarter. International sales increased 2% to $1.8 billion. Growth in the quarter was led by Yervoy, which had sales of $154.0 million, Onglyza/Kombiglyze, up 99% to $161.0 million, Sprycel, up 34% to $231.0 million, Orencia, up 28% to $254 million, and Baraclude, up 18% to $325.0 million. R&D expenses decreased 3% to $909.0 million.
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