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Bristol-Myers Squibb Company was founded in 1887 by a pair of young entrepreneurs, William McLaren Bristol and John Ripley Myers, in Mr. Bristols hometown of Clinton, New York. I have often wondered at our nerve, Mr. Bristol would later recall, thinking back to the enterprises early days. He and Mr. Myers invested $5,000, a princely sum at the time, into a near-bankrupt business neither man knew anything about: ethical pharmaceuticals.
Today, more than 100 years after the company's founding, the pioneering spirit of Mr. Bristol and Mr. Myers transformed that risky $5,000 investment into a $12 billion, diversified global health and personal care company with more than 47,000 employees worldwide and thousands of products marketed in more than 130 countries. Bristol-Myers Squibb Worldwide Pharmaceuticals is a leading maker of innovative therapies for cardiovascular, metabolic and infectious diseases, central nervous systems and dermatologic disorders, and cancer. Established in 1938, the Bristol-Myers Squibb Pharmaceutical Research Institute is a global research and development organization dedicated to translating frontier scientific knowledge into new, commercially viable pharmaceutical therapies. Therapeutic areas of research include oncology, cardiovascular and metabolics, anti-infectives, neurosciences, immunology and inflammation, dermatology, and pain management. Miles | Pfizer | Searle | SmithKline Beecham | Wyeth-Ayerst Index Bioanalytical Systems, Inc. |
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