Bristol-Myers Squibb is a worldwide health and personal care company with major businesses
in medicines, beauty care, nutritionals, and medical devices. BMS is a leader in
innovative therapies for cardiovascular, metabolic and infectious diseases, central
nervous system and dermatalogical disorders, and cncer. They are also leaders in consumer
medicine, orthopaedic devices, ostomy care, wound management, nutritional supplements,
infant formulas, and hair and skin care products.Some of the very well known products
manufactured by Bristol-Myers Sqibb are Bufferin, Excederin, Enfamil, Clairol, and Sea
Breeze. Another large part of BMS is their research and development of new pharmecutical
products. Their annual budget for research and development is in excess of one billion
Bristol-Myers Squibb is the product of a merger between Bristol-Myers and Squibb Company
in 1989. Bristol-Myers was originally Clinton Pharmecuticals, a failing drug manufacturing
firm. In 1887 William McLaren Bristol and John Ripley Myers invested five thousand dollars
in the company and on December 13, 1887 became president and vice president respectively.
In 1898 the name was changed from Clinton Pharmecutical Company to Bristol,Myers Company.