Bristol-Myers Squibb Plans Major Expansion Of R&D Facilities | GenomeWeb

PRINCETON, N.J.--Bristol-Myers Squibb is buying a 433-acre research and office park in Hopewell Township, N.J., to house a major expansion of the pharmaceutical company's R&D efforts. The expansion will add approximately 2,000 staff, an increase of 50 percent, over the next five years, the company said. Its pharmaceutical R&D spending this year is expected to be $1.3 billion.

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