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Bristol-Myers Squibb: The CAR-T Giant The Market Is Undervaluing

Source: SeekingAlpha

2026-05-02 03:20:18 ET

If you vaguely follow big pharma, then you have probably heard of something called a patent cliff, which is when a company has multiple patents expiring within a short timeframe. Though patent expiration may be better for the consumer, it essentially means that any company can now manufacture and sell patented drugs that were once exclusive to one company. This undercuts the pricing power of the company that had the initial patent, destroying profit margins for that product....

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Bristol-Myers Squibb: The CAR-T Giant The Market Is Undervaluing
Cabaletta Bio Inc.

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