Bristol-Myers Squibb

From SourceWatch

Bristol-Myers Squibb (BMS) is one of the world's largest drug companies, with global sales of $17.9 billion in 2006. Its drugs include Plavix for heart disease, Pravachol for lowering cholesterol, and Avapro for hypertension. ^[1]

They donate their products to AmeriCares. [1]

Contents 1 Animal testing 1.1 Contract testing 2 Tobacco issues 3 Political contributions 4 Lobbying 5 Personnel 6 Contact 7 Articles & sources 7.1 SourceWatch articles 7.2 References 7.3 External links

Animal testing

Bristol-Myers Squibb does animal testing at the following locations:

• Princeton, New Jersey ^[2]

• Medical Imaging, North Billerica, Massachusetts ^[3]

For links to copies of this facility's U.S. Department of Agriculture reports indicating species, number of animals used and other information visit Stop Animal Experimentation Now Facility Reports and Information, U.S. Department of Agriculture-Animal Plant Health Inspection reports. This Web site lists each of the 50 states; each state's name links to biomedical research facilities in that state, and to PDF copies of government documents where the facilities must report their animal usage.

Contract testing

Bristol-Myers contracts tests out to Huntingdon Life Sciences (HLS). ^[4] Huntingdon Life Sciences is the 3rd largest Contract Research Organization (CRO) in the world and the largest animal testing facility in all of Europe. Firms hire HLS to conduct animal toxicity tests for agrochemicals, petrochemicals, household products, pharmaceutical drugs and toxins. ^[5] HLS has a long history of gross animal welfare violations. See also Huntingdon Life Sciences, sections 2 & 3.

Tobacco issues

Bristol-Myers Squibb is the maker of the antidepressant drug Buspirone (marketed as Buspar) that was found useful in helping reduce smokers' anxiety when trying to quit.[2]

In 1989, after Henry Kravitz purchased R.J. Reynolds, he hired Louis Gerstner, a board member of Memorial Sloan-Kettering Cancer Institute, to run the company. Gerstner was promptly thrown off Memorial Sloan-Kettering's board, but was elected to the board of Bristol Myers. [3]

The Bristol-Myers Squibb company went smoke-free in its offices around 1993. [4]

Political contributions

Bruce S. Gelb, Retired Vice Chair of Bristol-Myers Squibb, is a Bush Pioneer having raised at least $100,000 for Bush in the 2004 presidential election. ^[6]

Bristol-Myers Squibb gave $182,000 to federal candidates in the 2006 election through its political action committee - 32% to Democrats, 62% to Republicans, and 6% to other parties. ^[7]

Lobbying

The company spent $5,740,000 for lobbying in 2006. $2,141,950 went to 12 lobbying firms with the remainder being spent using in-house lobbyists. Some of the lobbying firms used were Patton Boggs LLP, Quinn Gillespie & Associates, Barbour, Griffith & Rogers, Public Strategies, BKSH & Associates, and Richard F Hohlt. ^[8]

Personnel

Key executives and 2006 pay: ^[9]

• James M. Cornelius, Chief Executive Officer and Independent Director, $455,000
• Andrew R. J. Bonfield, Chief Financial Officer and Executive Vice President, $809,000
• Stephen E. Bear, Senior Vice President of Human Resources, $466,000
• Elliott Sigal, Chief Scientific Officer and Executive Vice President,$728,000
• Lamberto Andreotti, Executive Vice President and President of Worldwide Pharmaceuticals, $1,010,000

Selected board members: ^[10]

• James D. Robinson III, Chairman, Bristol-Myers Squibb
• Lewis B. Campbell, Chairman, President and Chief Executive Officer, Textron Inc.
• Michael Grobstein, Retired Vice Chairman, Ernst & Young

Contact

345 Park Avenue
New York, NY 10154
USA
Phone: 212-546-4000
Fax: 212-546-4020
Web: http://www.bms.com

Articles & sources

SourceWatch articles

• Animal testing
• Huntingdon Life Sciences
• Medical Industrial Complex
• Pharmaceutical industry
• War on Cancer

References

1. ↑ Bristol-Myers Squibb Profile, Hoovers, accessed August 2007.
2. ↑ Humane Society of the United States General information on animal research facilities: Bristol Myers Squibb Company, accessed December 28, 2008
3. ↑ Humane Society of the United States Bristol Myers Squibb Medical Imaging Inc., Humane Society web site 2008 accessed December 28, 2008
4. ↑ Inside Huntingdon Life Sciences Inside Customers, accessed December 2008
5. ↑ Inside HLS Frequently Asked Questions About Huntingdon Life Sciences, accessed February 2009
6. ↑ Pioneers and Rangers, Texans for Public Justice, accessed August 2007.
7. ↑ 2006 PAC Summary Data, Open Secrets, accessed August 2007.
8. ↑ Bristol-Myers Squibb lobbying expenses, Open Secrets.
9. ↑ Bristol-Myers Squibb Key Executives, Yahoo Finance, accessed August 2007.
10. ↑ Board of Directors, Bristol-Myers Squibb, accessed August 2007.

External links

• "BMS pays to move on", PMLive.com, June 7, 2005.
• Stephanie Saul, "A Self-Imposed Ban on Drug Ads", New York Times, June 15, 2005.
• Asheville Indymedia Make A Date With Bristol-Myers Squibb, November 2008

This article may include information from Tobacco Documents Online.