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Bristol-Myers acquires Medarex for cancer pipeline

PUBLIC · BMYAug 02, 2026

Acquiring Company

Bristol Myers Squibb

Acquired Company

Medarex

LawrencevillePrincetonManufacturingBiotechnologyProfessional ServicesHealth CareMedicalTherapeuticsPharmaceuticalLegalBiopharmaLaw EnforcementBiotechnologyHealth CareTherapeuticsBiopharma

Description

Bristol-Myers Squibb has acquired Medarex to enhance its cancer treatment capabilities. This acquisition is pivotal for the company's development pipeline, bringing a promising drug targeting melanoma. With this strategic move, Bristol-Myers aims to solidify its leadership in oncology and expand treatment options for various cancers.

Company Information

Company

Bristol Myers Squibb

Location

Lawrenceville, New Jersey, United States

About

Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. For more information about Bristol Myers Squibb, visit us at BMS.com or follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram.

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Frequently asked

Who acquired Medarex?

Medarex was acquired by Bristol Myers Squibb, based in Lawrenceville. The deal was reported on August 2, 2026. Bristol Myers Squibb is a global biopharmaceutical company whose mission is to discover, develop and deliver innovative medicines that help patients prevail over serious diseases. Bristol Myers Squibb is publicly traded (BMY) and operates in Manufacturing.

When did Bristol Myers Squibb acquire Medarex?

Bristol Myers Squibb's acquisition of Medarex was reported on August 2, 2026. Bristol-Myers Squibb has acquired Medarex to enhance its cancer treatment capabilities. This acquisition is pivotal for the company's development pipeline, bringing a promising drug targeting melanoma. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Medarex do?

Medarex was a biopharmaceutical company that focused on developing monoclonal antibody therapies for cancer and other diseases. Known for its innovative approaches, Medarex contributed to significant advancements in cancer treatment. It is privately held, operating in Biotechnology, and is based in Princeton.

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