Bristol-Myers Squibb Company

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Bristol-Myers Squibb is a global biopharmaceutical company focused on discovering, developing, and delivering medicines that help patients overcome serious diseases. Though based in New York, New York, the company operates primary Research & Development sites in Princeton, New Jersey and Wallingford, Connecticut, as well as other sites in New Jersey, Belgium, Tokyo, and India.

Bristol-Myers Squibb develops prescription biopharmaceuticals in many therapeutic areas such as cancer, diabetes, cardiovascular disease, HIV/AIDS, hepatitis B, rheumatoid arthritis, and psychiatric disorders. Its main products include: Plavix, for protection against heart attack or stroke; Baraclude, an inhibitor of hepatitis B; Nivolumb, an anticancer treatment; Nulojix, to prevent kidney transplant rejection; and Abilify, to treat schizophrenia, bipolar mania disorder, and depression. The company distributes its products through wholesalers as well as directly to retailers, hospitals, clinics, and pharmacies. Bristol-Myers Squibb also initiated a program, the Bristol-Myers Squibb Patient Assistance Foundation, to help patients pay for prescription medicine.

The company’s origins trace as far back as 1858, when Edward R. Squibb founded a pharmaceutical laboratory in Brooklyn, New York. Squibb soon became the source of medicines for the Union Army during the Civil War. In 1878, two friends, William M. Bristol and John R. Myers, purchased a struggling drug manufacturing firm and renamed it Bristol-Myers. The two companies, separate at the time, thrived and eventually merged in 1989 to create Bristol-Myers Squibb.

Bristol-Myers Squibb is a Fortune 500 company, publically traded on the New York Stock Exchange under the ticker symbol BMY. It also operates as a parent to several subsidiaries in the industry, including DuPont Pharmaceuticals, Adnexus Therapeutics, and Kosan Biosciences. The company currently employs approximately 28,000 people worldwide. Career opportunities at Bristol-Myers Squibb are available for both experienced and entry-level professionals. The company also offers fellowships and internships for students and recent grads.

Bristol Myers Squibb Snapshot

Main Website
Traded As
NYSE: BMY
Employees
28000
Year Founded
1858
Headquarters
345 Park Avenue
New York, NY 10154
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