Bristol Myers, Foundation Pledge $300 Million to Health-Equity, Diversity, Inclusion Efforts
August 12 2020 - 9:00AM
Dow Jones News
By Colin Kellaher
Bristol Myers Squibb Co. on Wednesday said the company and its
Bristol Myers Squibb Foundation will invest $300 million over five
years to expand health-equity, diversity and inclusion efforts.
Bristol Myers said the commitments are designed to address
health disparities, increase clinical-trial diversity, boost
spending with diverse suppliers and increase Black/African American
and Hispanic/Latino representation at all levels of the New York
biopharmaceutical company.
Bristol Myers said it plans to extend the reach of clinical
trials into underserved patient communities in urban and rural U.S.
geographies, while the foundation will train and develop 250 new
racially and ethnically diverse clinical investigators.
Bristol Myers, which achieved gender parity across its workforce
in 2015, also said it aims to achieve gender parity at the
executive level globally and to double executive representation of
Black/African American and Hispanic/Latino employees in the U.S. by
2022.
Write to Colin Kellaher at colin.kellaher@wsj.com
(END) Dow Jones Newswires
August 12, 2020 08:45 ET (12:45 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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