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Presentation Schedules, Stock Movements, Agreements, and New Appointments - Research Report on Celgene, Merck, Bristol-Myers, Valeant, and Mylan
Date:1/7/2014

full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/430d_MRK

Bristol-Myers Squibb Company Research Report

On December 19, 2013, Bristol-Myers Squibb Company (Bristol-Myers Squibb) announced that it signed an agreement under which it will sell its global diabetes business which was part of the Company's partnership with AstraZeneca. The Company stated that in accordance with the agreement, AstraZeneca will make an upfront payment of $2.7 billion to Bristol-Myers Squibb, along with potential regulatory- and sales-based milestone payments of up to $1.4 billion, while also making royalty payments based on net sales through 2025. Bristol-Myers Squibb added that AstraZeneca will also make payments of up to $225 million if and when certain assets are subsequently transferred. The Company stated that the transaction was approved by its Board of Directors. The Company provided its 2014 non-GAAP EPS guidance of $1.65 to $1.80. Lamberto Andreotti, CEO, Bristol-Myers Squibb, commented, "This agreement will allow us to further evolve our business model as a leading specialty BioPharma company and increase resources behind the opportunities that drive the greatest long-term value for patients, our company and our shareholders. Today's announcement puts the diabetes franchise in the capable hands of AstraZeneca and allows us to move to a more simplified operating model consistent with our pipeline and portfolio." The Full Research Report on Bristol-Myers Squibb Company - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:

http://www.AnalystsCorner.com/r/full_research_report/81a9_BMY'/>"/>

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