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HISTORY OF BRISTOL-MEYERS SQUIBB COMPANY
Bristol Meyers Squibb Company has a long, very detailed, exceptional past. It is necessary to go over the foundations, in order to give validity to the outstanding reputation of this company. They are a very mature company, originally established in 1887 by William McLaren Bristol and John Ripley Myers. They invested $5,000 into a floundering drug manufacturing company- Clinton Pharmaceuticals, incorporating in December of 1887. ... Bristol as president, and Mr. ... The company’s fundamental belief in high quality products has been the pillar of their success. In May of 1888 the company was re-named Bristol-Meyers Company, and in 1900 the company began “operating in the black, and has done so ever since.” Sal Hepatica-a liquid mineral laxative, and Ipana tooth paste-with disinfectant, were the first two great successes of Bristol-Meyers. ... Bristol-Meyers shot from a regional supplier to an international company. ... In 1929, Bristol-Meyers became a publicly held company, and listed on the New York Stock Exchange.
In 1943 Bristol-Meyers acquired Cheplin labs-at the time the largest penicillin manufacturer-leading to enormous growth. During the post-war time penicillin was mass produced for the allied forces, and it became clear to Bristol-Meyers, that penicillin and other such antibiotics, was a huge, profitable opportunity for them. Cheplin labs was renamed Bristol Laboratories. From 1943 on, Bristol-Meyers had a kind of new approach to expansion.
Approximate Word count = 1179 Approximate Pages = 4.7 (250 words per page double spaced)
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