On October 26, 2023, 2seventy bio, Inc. (the "Company") reported that ABECMA (idecabtagene vicleucel, or ide-cel) generated approximately $69 million in U.S. revenue during the third quarter of 2023 (Press release, 2seventy bio, OCT 26, 2023, View Source [SID1234636360]). The Company and Bristol Myers Squibb ("BMS") share equally in all profits and losses related to development, manufacture and commercialization of ABECMA in the U.S. This announcement is based on information provided to the Company by BMS and is unaudited and does not present all information necessary for an understanding of the Company’s financial condition as of September 30, 2023 and its results of operations for the quarter then ended. The Company expects to announce its full results for the quarter ended September 30, 2023 on or before November 14, 2023. The Company also believes that the competitive dynamics impacting ABECMA will continue into the fourth quarter of 2023.
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