bluebird bio (BLUE) Reports Q1 Loss of $3.64/sh

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bluebird bio Provides Operational and Business Update and Reports First Quarter 2020 Financial Results

May 11, 2020 7:00 AM EDT

- Alignment with FDA on an accelerated regulatory path for LentiGlobin for sickle cell disease based on HGB-206 study with targeted submission in 2H 2021 -

- Completed submission with Bristol Myers Squibb of Biologics License Application (BLA) for anti-BCMA CAR T cell therapy idecabtagene vicleucel (ide-cel, bb2121) to FDA -

- Amended BMS collaboration including $200 million monetization for ex-U.S. milestone and royalty revenue from idecabtagene vicleucel (ide-cel, bb2121) and bb21217 -

- Revised Operating Plan achieves cash savings of over $500 million... More