Bristol Myers Squibb(BMY)

Leader

Princeton NJ biopharma (NYSE: BMY) at $48.3B 2024 revenue; Eliquis $13.3B, Opdivo $9.2B, Cobenfy schizophrenia launch; $23B acquisitions (Karuna+Mirati+RayzeBio) building next pipeline vs. Pfizer and Merck.

Updated March 2026

Company Overview

About Bristol Myers Squibb

Bristol Myers Squibb (BMS) is a Princeton, New Jersey-based global biopharmaceutical company — publicly traded on the New York Stock Exchange (NYSE: BMY) as an S&P 500 Healthcare component — discovering, developing, and delivering innovative medicines for serious diseases including cancer, cardiovascular disease, immunology, and neuroscience through approximately 34,000 employees worldwide. In fiscal year 2024, BMS reported total revenue of $48.3 billion (+7% year-over-year), with its Growth Portfolio generating $22.6 billion (+17%), driven by blockbusters Eliquis ($13.3B anticoagulant), Opdivo ($9.2B immuno-oncology), and Revlimid ($5.8B multiple myeloma). New product revenue surged 77% to $3.6 billion, led by schizophrenia treatment Cobenfy (formerly KarXT), CAR-T therapy Breyanzi, anemia drug Reblozyl, and Opdualag checkpoint inhibitor combination. CEO Dr. Christopher Boerner assumed leadership in November 2023, accelerating BMS's pipeline expansion through three transformative acquisitions in 2024: Karuna Therapeutics ($14B, Cobenfy/KarXT for schizophrenia and Alzheimer's agitation), Mirati Therapeutics ($4.8B, KRAS-targeted oncology), and RayzeBio ($4.1B, radiopharmaceutical cancer therapy).

Business Model & Competitive Advantage

BMS's diversified biopharmaceutical model addresses the pharmaceutical industry's central challenge of sustaining revenue as patent-protected blockbusters lose exclusivity: Revlimid's patent cliff (generic erosion accelerating through 2026) is being offset by the Growth Portfolio — which includes newer products with longer exclusivity runways and novel mechanisms of action that extend patent protection. The company's integrated discovery-to-commercialization model enables BMS to identify novel biological targets (particularly in immuno-oncology and targeted therapy), advance candidates through clinical development, obtain FDA approval, and deploy its global commercial infrastructure to generate peak sales from premium-priced specialty medicines. The Cobenfy acquisition represents a rare non-dopamine mechanism for schizophrenia treatment — the first new schizophrenia mechanism in decades — addressing a $10B+ market opportunity with differentiated clinical profile.

Competitive Landscape 2025–2026

In 2025, BMS competes in global oncology, immunology, and neuroscience pharmaceuticals against Pfizer (NYSE: PFE, $58.5B 2024 revenue), AstraZeneca (NASDAQ: AZN, $54.1B 2024 revenue), and Merck (NYSE: MRK, $63.6B 2024 revenue) for oncology market share, new drug approvals, and pipeline partnership opportunities. The Karuna ($14B), Mirati ($4.8B), and RayzeBio ($4.1B) acquisitions collectively add ~$23B in pipeline value and expand BMS into three high-growth therapeutic areas: CNS/neuroscience (Cobenfy), KRAS-targeted oncology, and radiopharmaceuticals. The 2025 strategy under CEO Boerner prioritizes integrating the acquired pipelines, building commercial infrastructure for Cobenfy's schizophrenia launch, advancing the radiopharmaceutical platform from early clinical to pivotal trials, and managing the Revlimid generics headwind through continued Growth Portfolio expansion.

Founded
1887
Headquarters
Clinton, New York
Revenue
$48300M
Curated content • Fact-checked and verified

The Bristol Myers Squibb Story

Founded in 1887
Clinton, New York
Founded by William McLaren Bristol, John Ripley Myers

Founders

William McLaren BristolJohn Ripley Myers
Loading News...

Company Timeline

Major milestones in Bristol Myers Squibb's journey

15
Total Events
0
Funding Rounds
9
Acquisitions
1
Product Launches
Loading Culture...

Leadership Team

Meet the leaders behind Bristol Myers Squibb

Dr. Christopher Boerner

Board Chair and Chief Executive Officer

Dr. Boerner, 54, became CEO in November 2023 and Board Chair in April 2024. He brings extensive pharmaceutical experience and strategic vision to lead BMS through its portfolio transition and continued growth through innovation and acquisitions.

David V. Elkins

Executive Vice President and Chief Financial Officer

Mr. Elkins has served as CFO since 2019, overseeing the company's financial strategy through major acquisitions including Celgene, Mirati, RayzeBio, and Karuna. He regularly represents BMS at major investor conferences.

Sandra Leung

Executive Vice President and General Counsel

Ms. Leung serves as the company's top legal executive, providing strategic counsel on regulatory matters, corporate governance, and major transactions that have shaped BMS's growth trajectory.

Adam Lenkowsky

Executive Vice President and Chief Commercialization Officer

A 27-year BMS veteran who started as a sales representative, Mr. Lenkowsky oversees the commercialization of BMS's entire portfolio. Named an Elite 2024 Transformational Leader by PM360 for his leadership during the Mirati, RayzeBio, and Karuna acquisitions.

Amanda Poole

Executive Vice President and Chief People Officer

Ms. Poole joined the executive team in 2024, leading human resources strategy, talent development, and the company's award-winning workplace culture initiatives focused on inclusion and employee wellbeing.

Dr. Cristian Massacesi

Executive Vice President, Chief Medical Officer, and Head of Development

Dr. Massacesi joined BMS in August 2025, bringing medical expertise to oversee clinical development programs across oncology, immunology, cardiovascular, and hematology therapeutic areas.

Open Positions

Reddit Discussions

Loading Competitive Intelligence...

Key Differentiators

Market Leader

Bristol Myers Squibb is recognized as a market leader in the Healthcare Tech sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $48300M in revenue, Bristol Myers Squibb operates at enterprise scale with proven market validation.

Frequently Asked Questions

Not So Random Others

YouShift

Healthcare Tech
HealthtechManufacturing

YouShift is a United States-based AI healthcare workforce management platform — building the operating system for healthcare staffing starting with AI-powered scheduling agents that replace the comple

Hermes Robotics

Manufacturing
B2bHardwareManufacturingAi PoweredAutomationStartup

Hermes Robotics is an autonomous mobile robot (AMR) and warehouse automation company developing robots and software for logistics and fulfillment operations in warehouses, distribution centers, and ma

Brisk

Consumer Food & Beverage
B2cManufacturingNorth AmericaFortune500

Brisk is a functional beverage brand offering ready-to-drink iced tea and juice drinks, jointly owned by PepsiCo and Unilever under the Lipton brand partnership. Launched in the 1990s, Brisk positione

Bucket Robotics

Manufacturing
B2bHardwareManufacturingAi PoweredAutomationStartup

Bucket Robotics is an autonomous mobile robot (AMR) company that designs modular, rapidly deployable robots for warehouse automation and industrial material handling. Unlike traditional warehouse auto

Altria

Consumer Goods
B2cManufacturingNorth AmericaPublicFortune500

Altria Group, Inc. is a Richmond, Virginia-based tobacco and nicotine company — publicly traded on the New York Stock Exchange (NYSE: MO) as an S&P 500 Consumer Staples component — manufacturing and s

Dusty Robotics

Infrastructure
B2bPlatformManufacturing

Dusty Robotics is a Mountain View, California-based construction robotics company — backed with $69.5 million in total funding from Root Ventures, Scale Venture Partners, Canaan Partners, GRIDS Capita

For Bristol Myers Squibb

Claim This Profile

Are you from Bristol Myers Squibb? Claim your profile to see full AI mention excerpts, get weekly visibility change alerts, and optimize how AI systems describe your brand.

Claim Bristol Myers Squibb Profile →
For competitors & analysts

Track AI Visibility in Real Time

Monitor how ChatGPT, Gemini, Perplexity, and Claude mention Bristol Myers Squibb vs competitors. Get alerts when AI recommendations shift.

Start Free Tracking →