Bristol-Myers Squibb is splitting off its holdings in infant formula maker Mead Johnson Nutrition in order to focus on its biopharmaceutical business. The New York-based drug maker, which owns about 80 percent of Mead stock, expects the deal to add to…

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Bristol-Myers SquibbBusinessNew York CityPharmaceutical industryBristol

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Bristol-Myers splits off Mead Johnson Nutrition