Morningstar

Atrium Gets $15 Million in Latest Milestone Payment from Bristol Myers Squibb

Provided by Dow Jones

By Katherine Hamilton 




  Atrium Therapeutics earned another $15 million milestone payment from Bristol Myers Squibb based on the successful delivery of a compound targeting an undisclosed cardiology indication. 



  The payment is pursuant to Atrium's global licensing-and-research partnership with BMS, the biopharmaceutical company, which focuses on RNA therapies for the heart, said Thursday. 



  Under the terms of the agreement, Atrium is eligible to receive up to $1.35 billion in research-and-development milestones payments, as well as up to $825 million in commercial milestone payments. 



  It is also eligible for royalties of up to a low double-digit percentage of net sales. BMS will fund all future clinical development, regulatory and commercial activities coming from the collaboration. 





  Write to Katherine Hamilton at katherine.hamilton@wsj.com 





  (END) Dow Jones Newswires



  August 13, 2026 08:54 ET (12:54 GMT)


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