More on Bristol-Myers (BMY -1.6%) Q1: net profit -45% to $609M, with earnings hurt by patent...

|About: Bristol-Myers Squibb Company (BMY)|By:, SA News Editor

More on Bristol-Myers (BMY -1.6%) Q1: net profit -45% to $609M, with earnings hurt by patent expirations for Plavix and Avapro/Avalide. Excluding those drugs, net sales +10%. Sales breakdown: Orencia (rheumatoid arthritis) +26%, Yervoy (melanoma) +49%, Sprycel (leukemia) +24%, Onglyza (Type 2 diabetes) +25% and Baraclude (hepatitis B) +13%. Confirms 2013 adjusted EPS guidance of $1.78-$1.88 vs consensus of $1.83. (PR)