Bristol Myers Squibb

American pharmaceutical company

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2024 Bristol Myers Squibb acquired Mirati Therapeutics, Karuna Therapeutics, and RayzeBio.
September 26 2024 FDA approved Cobenfy, BMS's novel schizophrenia drug, the first new treatment for the disorder in 70 years.
2023 Bristol Myers Squibb, along with Johns Hopkins University and the Rockefeller Foundation, became defendants in a $1 billion lawsuit from Guatemala related to unethical syphilis experiments conducted in the 1940s that infected hundreds of Guatemalans.
December 2023 BMS signed an agreement to acquire Karuna Therapeutics for $14 billion, including their lead asset KarXT, an investigational muscarinic antipsychotic.
October 2023 BMS agreed to acquire Mirati Therapeutics, an American biotechnology company developing cancer therapies, in an all-cash deal worth $4.8 billion.
August 2023 BMS partnered with Cellares for robotic production of CAR-T treatments.
August 28 2023 FDA approved label expansion for Reblozyl (Luspatercept), making it a first-line treatment for anemia in adults with low- to intermediate-risk myelodysplastic syndromes (MDS). The approval was supported by data from the Phase III COMMANDS study, highlighting the drug's potential to become a $4 billion sales product by 2030.
2022 Bristol Myers Squibb reported a total revenue of $46.2 billion for the fiscal year, maintaining its position as one of the world's largest pharmaceutical companies.
June 2022 BMS announced acquisition of Turning Point Therapeutics Inc for $4.1 billion to boost its cancer drug portfolio, specifically repotrectinib.
2021 Bristol Myers Squibb sponsored the CARE Faculty's Winter Hematology Update event, demonstrating their engagement with medical specialist coalitions in Oakville, Ontario.
2020 Bristol Myers Squibb acquired Forbius and MyoKardia.
October 2020 BMS announced acquisition of cardiology company MyoKardia for $13.1 billion, gaining control of mavacamten and two key treatment developments.
July 2020 Fostemsavir (BMS-663068) received approval in the United States, marking a significant milestone for the company's pharmaceutical development.
February 2020 BMS and partner Biomotiv launched Anteros Pharmaceuticals, a new company focusing on inflammation and fibrosis medicines.
January 2019 BMS announced acquisition of Celgene for $74 billion ($95 billion including debt), becoming the largest pharmaceutical-company acquisition ever, aimed at refreshing the company's pipeline.
2018 Bristol Myers Squibb acquired Impact Biomedicines and Juno Therapeutics.
April 2018 Reported first quarter net income of $1.5 billion (91 cents per share), driven by increased sales of cancer drug Opdivo.
2017 Bristol Myers Squibb acquired IFM Therapeutics and Delinia.
August 2017 BMS acquired IFM Therapeutics for $300 million upfront, with contingency payments of $1.01 billion, to better compete against Merck & Co's cancer treatment Keytruda.
February 2017 Activist investor Carl Icahn took a stake in the company, signaling potential future takeover interest.
2016 Bristol Myers Squibb acquired Padlock Therapeutics, Cormorant Pharmaceuticals, EngMab AG, AbVitro, and RedoxTherapies.
March 2016 BMS announced acquisition of Padlock Therapeutics for up to $600 million.
2015 Bristol Myers Squibb acquired Flexus Biosciences, Cardioxyl, Quanticel, and Receptos.
November 2015 BMS acquired cardiovascular disease drug developer Cardioxyl for up to $2.075 billion, strengthening its pipeline with the phase II candidate for acute decompensated heart failure, CXL-1427.
May 2015 Dr. Giovanni Caforio became CEO of the company, succeeding Andreotti, after serving as the company's COO.
March 2015 Obtained an exclusive opportunity to license and commercialize PROSTVAC, a prostate-specific antigen cancer immunotherapy from Bavarian Nordic, with potential payments up to $975 million.
February 2015 BMS acquired Flexus Biosciences for $1.25 billion, gaining full rights to Flexus' lead small molecule IDO1-inhibitor, F001287.
February 2015 Initiated a research partnership with Rigel Pharmaceuticals that could generate more than $339 million.
December 2014 Received FDA approval for nivolumab (Opdivo), a PD-1 inhibitor for treating patients with inoperable or treatment-resistant skin cancer.
April 2014 BMS announced acquisition of iPierian for up to $725 million.
2013 Forbes magazine ranked Bristol-Myers Squibb as the best drug company, citing a market capitalization of US$87 billion and stock appreciation of 61.4%.
2012 Bristol Myers Squibb acquired Inhibitex Inc, Avila Therapeutics, Inc, and jointly acquired Amylin Pharmaceuticals with AstraZeneca.
2011 A U.S. court dismissed a lawsuit against the U.S. government regarding the Guatemala syphilis experiments, ruling that the government could not be held liable for actions committed outside of the United States.
2010 Bristol Myers Squibb acquired ZymoGenetics and Abraxis BioScience Inc.
2010 Lou Schmukler joined Bristol-Myers Squibb as the president of global product development and design, leading the team that completed the company's strategic transformation to a specialty biopharmaceutical company.

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