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Bristol Myers Squibb acquires Celgene for $74B

PUBLIC · BMYAug 31, 20268 days ago

Acquiring Company

Bristol Myers Squibb

Acquired Company

Celgene

LawrencevilleOhioManufacturingBiotechnologyProfessional ServicesHealth CareMedicalTherapeuticsPharmaceuticalLegalBiopharmaLaw EnforcementBiotechnologyHealth CareTherapeuticsBiopharma

Description

Bristol Myers Squibb completed its acquisition of Celgene in 2019 for $74 billion, marking a significant expansion into the neuroscience space. The merger has allowed BMS to enhance its pipeline for treating neuropsychiatric diseases, including multiple sclerosis and Alzheimer's. This strategic move is considered a foundational step in BMS's return to neuroscience after stepping away from it in 2013.

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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Predictive Intelligence
Strategic

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Celgene?

Celgene was acquired by Bristol Myers Squibb, based in Lawrenceville. The deal was reported on August 31, 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 Celgene?

Bristol Myers Squibb's acquisition of Celgene was reported on August 31, 2026. Bristol Myers Squibb completed its acquisition of Celgene in 2019 for $74 billion, marking a significant expansion into the neuroscience space. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Celgene do?

Celgene is an American biopharmaceutical company that develops therapies for cancer and inflammatory disorders. It is notably recognized for its innovative medicines that help patients around the world. It is privately held, operating in Biotechnology, and is based in Ohio.

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