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Bristol Myers Squibb acquires Karuna Therapeutics; Bristol Myers gains potential first-in-class schizophrenia treatment KarXT with multi-billion dollar sales potential and moves it into the neuroscience market

Bristol Myers Squibb acquires biopharmaceutical company Karuna Therapeutics for US$14.0B; the acquisition includes Karuna's KarXT, a potential treatment for schizophrenia and Alzheimer's disease psychosis

Bristol Myers Squibb strengthens neuroscience portfolio with acquisition of Karuna Therapeutics in deal with total equity value of US$14.0B; Karuna’s lead asset is antipsychotic KarXT xanomeline-trospium

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