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Bristol Myers Squibb Co.

Close the license of OncoACP3 from Philochem AG to RayzeBio, Inc

Delivered by the deadline

AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.

Announced
31 Jul 2025
Due
30 Sep 2025
  • Deadline
  • Met
  • Late
  • Not met
  • Today

What the company said

“The transaction is expected to close in the third quarter of 2025 following the receipt of necessary regulatory approvals and the satisfaction of other customary closing conditions.”

What we found

Evidence strength A What the grades mean

Later 10-Q and 10-K filings state BMS obtained the OncoACP3 license from Philochem in August 2025, before the September 30, 2025 deadline; the exact day is not given.

  • A
    Bristol Myers Squibb Co. 10-Q filed 2025-10-30 Regulatory filing · published 30 Oct 2025 · retrieved 10 Oct 2026 · kept permanently by the SEC · fingerprint 45e386066655
    “In August 2025, BMS obtained a global exclusive license from Philochem for OncoACP3, a radiopharmaceutical therapeutic and diagnostic agent targeting prostate cancer.” ✓ confirmed on the page
  • A
    Bristol Myers Squibb Co. 10-Q filed 2025-10-30 Regulatory filing · published 30 Oct 2025 · retrieved 10 Oct 2026 · kept permanently by the SEC · fingerprint 45e386066655
    “The transaction included an upfront payment of $350 million, which was recorded as Acquired IPRD during the three months ended September 30, 2025.” ✓ confirmed on the page
  • A
    Bristol Myers Squibb Co. 10-K filed 2026-02-11 Regulatory filing · published 11 Feb 2026 · retrieved 10 Oct 2026 · kept permanently by the SEC · fingerprint 9b34d26520f7
    “In August 2025, BMS obtained a global exclusive license from Philochem for OncoACP3, a radiopharmaceutical therapeutic and diagnostic agent targeting prostate cancer.” ✓ confirmed on the page

Market reaction: the shares moved +8.6% against the S&P 500 over the three sessions around the disclosure (29 Oct 2025 to 3 Nov 2025). What this measures

Checked 10 Oct 2026.

Commitment DNA

The structured record of this commitment. Fields the company did not state are left blank rather than guessed.

Event type
Transaction other
Indicative materiality
Medium rules
Action
Close
Deliverable
OncoACP3 license to RayzeBio
Language
Expected (“expects”, “plans”)
In the company’s control
Medium
Specificity
High
Conditional
Yes: subject to necessary regulatory approvals; subject to customary closing conditions
Depends on
Regulatory, Counterparty

How this entry was checked

  1. Commitment recordedThe company's words were matched word for word against the filing.
  2. First checkAn AI model, Claude (Anthropic), read the company's later filings and recorded the outcome with a quoted passage.
  3. Second check: disagreesGemini (Google) re-read the evidence blind and read it as “Not met”.
  4. Tie-breakA stronger model read the evidence and both earlier answers, without knowing which was recorded, and agrees with the recorded outcome.

Confirmed. This outcome counts towards the company's Kept Score. How verification works

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Report an error in this entry Reference: KI-C-2025-BMY-006001 · Corrections policy

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