
Bristol Myers Wins FDA Approval for Sotyktu for Psoriatic Arthritis

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Bristol Myers Squibb has received FDA approval for its oral drug Sotyktu to treat adults with active psoriatic arthritis, expanding its immunology portfolio. The approval follows positive results from Phase 3 trials, showing significant disease control compared to placebo. Despite a slight after-hours stock dip, the company emphasizes Sotyktu's role in managing symptoms of psoriatic disease. The drug's safety profile is similar to previous studies, with common side effects including respiratory infections and mouth ulcers. This approval builds on its initial 2022 clearance for moderate-to-severe plaque psoriasis.
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