Back to Market Intelligence
BMY

Bristol-Myers Squibb

BMY

Bristol-Myers Squibb (BMS) is a major American pharma company with leading franchises in oncology (Opdivo, Revlimid) and cardiology (Eliquis). The Celgene acquisition (2019) significantly expanded its oncology and immunology portfolio.

$45.0B RevenueMarket Cap $100BR&D $9.5B
Founded
1887
Employees
34,000
R&D Spend
$9.5B (21.1%)
Market Cap
~$100B

Company Profile

Headquarters
New York, USA
Founded
1887
Employees
34,000
Ticker
BMY
FY2023 Revenue
$45.0B
Net Income
$8.0B
R&D Spend
$9.5B (21.1%)
Market Cap
$100B

Therapeutic Focus

Oncology, Cardiology, Immunology, Neuroscience

OncologyCardiologyImmunologyNeuroscience

Revenue & Net Income History ($B)

5-year financial trajectory

Revenue by Segment ($B)

Business segment breakdown

Top Products Revenue ($B)

Key product revenue comparison

Regional Revenue Distribution ($B)

Geographic revenue split

Key Products

ProductIndicationRevenue
Eliquis (apixaban)Cardiology$12.2B
Opdivo (nivolumab)Oncology$9.0B
Revlimid (lenalidomide)Oncology (MM)$6.0B
Pomalyst (pomalidomide)Oncology (MM)$3.5B
Sprycel (dasatinib)Oncology (CML)$2.0B
Reblozyl (luspatercept)Rare diseases (MDS, beta-thalassemia)$1.0B

Pipeline Assets

Opdivo + Yervoy (earlier lines)Phase 3
Various cancers
PD-1 + CTLA-4 combo
Peak estimate: Extends Opdivo franchise
Breyanzi (lisocabtagene maraleucel)Approved
DLBCL, follicular
CAR-T cell therapy
Peak estimate: $2B+
Abecma (idecabtagene vicleucel)Approved
MM
BCMA CAR-T
Peak estimate: $1B+
MavacamtenApproved
HCM (obstructive)
Cardiac myosin inhibitor
Peak estimate: $2B+

Competitive Position

BMS is the #9 pharma company. Eliquis and Opdivo are the twin pillars, each generating $9-12B. Revlimid generic erosion (2024) is a headwind, but CAR-T therapies (Breyanzi, Abecma) and mavacamten provide growth.

Future Outlook

Revenue projected at $43-46B through 2026. Revlimid decline offset by Opdivo expansion and Eliquis growth. Eliquis generic entry (2026-2028) is the next major cliff. CAR-T and mavacamten represent diversification.

Data Sources

Bristol-Myers Squibb 2023 Annual Report (Form 10-K). Revenue and financial data from SEC filings (Form 10-K/20-F). Pipeline data from company R&D presentations and ClinicalTrials.gov. Market analysis by Medifirm Intelledge Global.