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Bristol-Myers Squibb

Bristol-Myers Squibb

Bristol-Myers Squibb

They are a US pharmaceutical corporation. They are a parent company of many other well known Pharma companies. Their main headquarters are located in New York City, USA. Their main area of expertise is the  manufacturing of prescription pharmaceuticals and biologics in several therapeutic areas. These areas include:

  • psychiatric disorders
  • cancer
  • cardiovascular disease
  • diabetes
  • hepatitis
  • rheumatoid arthritis
  • HIV/AIDS

History

The Bristol-Myers Squibb corporation is a very well known household name in the US pharmaceutical industry and global pharma industry. Reason being they have been around for nearly 163 years. The Pharma giant was founded in 1858 by Edward Robinson Squibb in Brooklyn, New York. Squibb was best known as an advocate of quality control and high purity standards. This was well documented early on within the US pharmaceutical industry. He went on to actually self-publish an alternative to the U.S. Pharmacopeia titled Squibb’s Ephemeris of Materia Medica. This was after he had failed to convince the American Medical Association to incorporate higher purity standards.

More Info

Materia Medica, Squibb products, and Edward Squibb’s opinion on the fundamentals of the pharma industry can be found in various medical papers published in the late 1800s. The American Journal of Pharmacy published over one hundred papers of Squibb’s research surrounding the medical and pharma industry.

Squibb Corporation was one of the major suppliers of medical items to the Union Army during the American Civil War. They were even commissioned to providing portable meds kits containing morphine, surgical anaesthetics, and quinine for the treatment of malaria (which was endemic in much of the eastern part of the United States at the time)

Production

Bristol-Myers Squibb are currently the 8th largest US pharmaceutical company and 10th largest in the world. They sit behind fellow US pharma giants Abbott Laboratories and the 4th and the 1st largest American companies respectively, Pfizer Inc and the top of the tree firm which is Johnson & Johnson. Also ahead of them in 6th place are French pharma company Sanofi and the 2nd largest which is the Swiss pharma company Roche

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