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Bristol-Myers Squibb (BMY), Nektar Therapeutics (NKTR) to Evaluate Opdivo + NKTR-214 Combo

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Nektar Therapeutics (NKTR) Sees Early Weakness

September 27, 2016 9:50 AM EDT

Nektar Therapeutics (NASDAQ: NKTR) is under heavy pressure this morning. Shares are down 8.6% on volume that is running 49x normal.

This morning, Bristol-Myers Squibb Company (NYSE: BMY) and Nektar Therapeutics... More

Nektar Therapeutics (NKTR) Offers Additional Detail on Bristol-Myers Squibb Collaboration

September 27, 2016 7:50 AM EDT

Nektar Therapeutics (Nasdaq: NKTR) disclosed the following in a U.S. SEC filing on Tuesday:

Item 1.01 Entry into a Material Definitive Agreement.

On September 21, 2016, Nektar Therapeutics, a Delaware corporation (Nektar), entered into a Clinical Trial Collaboration Agreement (the Agreement) with Bristol-Myers Squibb Company, a Delaware corporation (BMS), pursuant to which Nektar and BMS will collaborate to conduct Phase 1/2 clinical trials evaluating Nektars IL-2-based CD122-biased agonist, known as NKTR-214, and BMSs human monoclonal antibody that binds PD-1, known as Nivolumab, as a potential combination treatment regimen in five tumor types... More