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Bristol Myers to spend $40B in U.S. over 5 years, CEO writes in STAT

Bristol Myers (BMY) will spend $40B in the U.S. over the next five years, CEO Christopher Boerner wrote in STAT. Through this investment plan, “we will strengthen our presence across the country, ramp up radiopharmaceutical manufacturing, and invest in artificial intelligence and machine learning to help us significantly increase the pace of innovation,” Boerner said. “It is our commitment to patients that drives each investment we make.”

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