Bristol Myers Squibb Co., based in Princeton, NJ, employs 34,100 staff and develops biopharmaceuticals across various therapeutic classes, including oncology and immunology. Key products include Eliquis and Opdivo, with a strong pipeline featuring Krazati and KarXT.
BMY has been in the news recently: President Trump announced plans for an executive order aimed at reducing prescription drug prices in the U.S., which influenced the pharmaceutical market positively. Meanwhile, Merck's shares rose 5% as the executive order's impact was less severe than anticipated, benefiting pharmaceutical stocks, including Bristol-Myers Squibb Company.
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