BMS announced that FDA approved label updates for both of its CAR T cell therapies, Breyanzi (liso-cel) for the treatment of large B cell lymphoma (LBCL) and other lymphomas and Abecma (ide-cel) for the treatment of multiple myeloma. These label updates reduce certain patient monitoring requirements and remove the Risk Evaluation and Mitigation Strategy (REMS) programs that had been in place since each product was initially approved.