15 Largest Biotech Companies in the World

13. Bristol-Myers Squibb (NASDAQ:BMY)

Another ancient American pharmaceutical company is Bristol-Myers Squibb which was founded 133 years ago in 1887. The company is famous for its diverse portfolio which includes various therapies, some of which are HIV, diabetes, arthritis, psychiatric disorders and cancer. The company had a market capitalization of $105 billion, while its profits for the year 2019 amounted to $26.15 billion.

One of the more controversial aspects of the company is the fact that it is facing a $1 billion trial for a major roles in the 1940s where the US infected hundreds of people in Guatemala with syphilis as an experiment. While a previous such lawsuit was dismissed because of the ruling that the US government cannot be held responsible for actions committed outside the country, we’ll see whether this trial suffers the same fate or will the US finally answer for some of the innumerable crimes it has committed as a superpower.

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