--- description: Find out why Bristol Myers Squibb was selected for the list title: TIME100 Most Influential Companies 2023: Bristol Myers Squibb image: https://static.time.com/v3/assets/bltea6093859af6183b/bltdff491ddc8f88c3f/698a3dbfcabb1d4bc9e517be/time100-companies-Bristol-Myers-Squibb-2023.jpg?branch=production&width=3840&quality=75&auto=webp&crop=16:9 --- Jun 21, 2023 # Bristol Myers Squibb ## Video: TIME100 Most Influential Companies: Novo Nordisk [Watch (HLS stream): TIME100 Most Influential Companies: Novo Nordisk](https://cdn.jwplayer.com/manifests/Kd5o2D9q.m3u8) (3:25)  _Published 2023-06-21. Find out why Novo Nordisk was selected for the list_ Inclusive drug research by Alison Van Houten  Giovanni Caforio, CEO of Bristol Myers Squibb. Giovanni Caforio, CEO of Bristol Myers Squibb.Courtesy of Bristol Myers Squibb Drug developers have long needed to diversify clinical trials to improve the safety, efficacy, and adoption of new therapies among historically underrepresented groups. “This isn’t new for us,” says Giovanni Caforio, CEO of Bristol Myers Squibb, which makes treatments for everything from cancer to HIV/AIDS. But BMS made big strides this year. Now, 58% of its U.S. trial sites (compared with a 25% goal) are located in communities that have at least a 30% nonwhite population. It also increased nonwhite-­patient recruitment by 22%. There’s more work to be done, but BMS’s sustained [focus on diversity](https://time.com/5896416/vaccine-covid-diversity-clinical-trials-merck/ "undefined") is yielding real progress. --- ### More from TIME --- _A weekly newsletter featuring conversations with the world’s top CEOs, managers, and founders._ [_Join the Leadership Brief_](https://cloud.newsletters.time.com/signup?nln=leadership&source=100companies "undefined"). ```json [{"@context":"https://schema.org","@type":"Article","@id":"https://time.com/collections/time100-companies-2023/6285116/bristol-myers-squibb/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/collections/time100-companies-2023/6285116/bristol-myers-squibb/"},"headline":"Most Influential Companies 2023: Bristol Myers Squibb","datePublished":"2023-06-21T10:55:40.000Z","dateModified":"2026-03-03T00:15:19.644Z","description":"","url":"https://time.com/collections/time100-companies-2023/6285116/bristol-myers-squibb/","keywords":["TIME100 Companies"],"thumbnailUrl":"https://static.time.com/v3/assets/bltea6093859af6183b/bltdff491ddc8f88c3f/698a3dbfcabb1d4bc9e517be/time100-companies-Bristol-Myers-Squibb-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","author":[{"@type":"Person","name":"TIME Staff","jobTitle":null,"url":"https://time.com/author/time-staff/"}],"creator":"TIME Staff","articleSection":"","image":[{"@type":"ImageObject","url":"https://static.time.com/v3/assets/bltea6093859af6183b/bltdff491ddc8f88c3f/698a3dbfcabb1d4bc9e517be/time100-companies-Bristol-Myers-Squibb-2023.jpg?branch=production&width=1200&quality=75&auto=webp&crop=1200:675&height=675","width":1200,"height":675}],"publisher":{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]}},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/collections/time100-companies-2023/6285116/bristol-myers-squibb/","name":"Most Influential Companies 2023: Bristol Myers Squibb"}}]},{"@context":"https://schema.org","@type":"VideoObject","name":"TIME100 Most Influential Companies: Novo Nordisk","description":"Find out why Novo Nordisk was selected for the list","thumbnailUrl":"https://cdn.jwplayer.com/v2/media/Kd5o2D9q/poster.jpg?width=720","uploadDate":"2023-06-21T11:00:00.000Z","contentUrl":"https://cdn.jwplayer.com/manifests/Kd5o2D9q.m3u8","embedUrl":"https://time.com/collections/time100-companies-2023/6285116/bristol-myers-squibb/","duration":"PT3M25S","potentialAction":{"@type":"SeekToAction","target":"https://time.com/collections/time100-companies-2023/6285116/bristol-myers-squibb/?jw_start={seek_to_second_number}","startOffset-input":"required name=seek_to_second_number"}}] ```