Bristol-Myers Squibb Co BMY

Morningstar Rating

Bristol Is Countering a Significant Patent Cliff With a Promising, Diversified Pipeline

Business Strategy and Outlook

Adept at partnerships and acquisitions, Bristol-Myers Squibb has built a strong portfolio of drugs and a robust pipeline. This strategy is evident in the acquisition of Celgene, which netted the firm an excellent pipeline and a strong foothold in blood cancer. More recent acquisitions—oncology firms Mirati and RayzeBio and neurology firm Karuna—also help support Bristol's strong overall pipeline and wide moat.

Sponsor Center