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What is 'Pawn Your Diamond'?
'Pawn Your Diamond' offers the community information
about the Fortune 500 companies.
Why the name?
The aim behind our name is to give young
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the hope that this small money they got from pawning a
diamond they had aside, grows and flourishes into a
multi billion dollar corporation.
Too dreamy?
Simply NOT. Such famous corporations did not exist
forever. Each and every foundation did start somewhere
and usually had one or a few founding members. So grab
the general concept and work hard!
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Fortune 500 - Spot Number 93
Company Information
Name: Bristol-Myers Squibb Co.
Industry: Major Drugs
Description: Bristol-Myers Squibb Company, through its divisions and subsidiaries, is a producer and distributor of consumer medicines, pharmaceuticals, nutritionals, medical devices and beauty care products. For the fiscal year ended 12/31/01, net sales rose 7% to $19.42 billion. Net income from continuing operations fell 38% to $2.53 billion. Results reflect increased volume and selling prices of pharmaceutical products, offset by the inclusion of a $2.74 billion acquired R&D charge.
Financial Summary: Bristol-Myers Squibb Company is a global producer and distributor of a variety of pharmaceuticals and related healthcare products. For the six months ended 06/30/05, net sales fell less than 1% to $9.4M. Net income from cont. ops. rose 3% to $1.5M. Revenues reflect lower sales from the pharmaceuticals division. Net income reflects decreased litigation charges, lower provision for restructuring and decreased provision for income taxes.
Business Summary: Bristol-Myers Squibb Company (BMS) is engaged in the discovery, development, licensing, manufacturing, marketing, distribution and sale of pharmaceuticals and other healthcare-related products. The Company operates in three segments: Pharmaceuticals, Nutritionals and Other Healthcare. The Pharmaceuticals segment is made up of the global pharmaceutical and international (excluding Japan) consumer medicines business. The Nutritionals segment consists of Mead Johnson Nutritionals (Mead Johnson), primarily an infant formula and children's nutritionals business. The Other Healthcare segment consists of ConvaTec, Medical Imaging and Consumer Medicines (North America and Japan) businesses. In December 2004, the Company committed to a plan to sell its Oncology Therapeutics Network (OTN) business and entered into a definitive agreement with One Equity Partners LLC. In January 2005, the Company announced its intent to divest its United States and Canadian Consumer Medicines business.
Misc Details
Symbol: BMY
City: New York
State: NY
ZIP Code: 10154
Address: 345 Park Ave
Phone: 212-546-4000
Fax: 212-546-9521
Website: http://www.bms.com
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