The U.S. Food and Drug Administration said on Friday that it has approved an injectable version of Bristol Myers Squibb's blockbuster cancer drug, Opdivo.

Shares of Bristol Myers Squibb ($BMY) were in the spotlight on Friday after the U.S. Food and Drug Administration approved an injectable version of the pharmaceutical major’s cancer drug Opdivo. Opdivo is reportedly part of PD-1 inhibitors class of drugs,

The recall is now Class I, meaning that "there is a reasonable probability that use of the product will cause serious, adverse health consequences or death," according to the Food Safety and Inspection Service,

The FDA has classified its recall of eggs sold under Costco's Kirkland brand as a Class I recall, a designation reserved for instances of the highest potential health risk — including death.