Bristol Meyers

BMS Buys Celgene

In one of the biggest pharma takeovers ever, Bristol-Myers Squibb is paying $90 billion for Celgene, a company specializing in leukemia treatment. BMS thus far has a focus on solid tumors. Celgene CEO Mark Alles said the two companies had "complementary assets in different diseases and here we get to build on the scientific capabilities of both in a way that could not happen without this deal." Wall Street Journal
 
BMS Buys Celgene

In one of the biggest pharma takeovers ever, Bristol-Myers Squibb is paying $90 billion for Celgene, a company specializing in leukemia treatment. BMS thus far has a focus on solid tumors. Celgene CEO Mark Alles said the two companies had "complementary assets in different diseases and here we get to build on the scientific capabilities of both in a way that could not happen without this deal." Wall Street Journal

WSJ got BMY ticker symbol wrong...
 
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