BRISTOL-MYERS SQUIBB
January 1st, 2003
BY PHILIP FINE
BRISTOL-MYERS Squibb has agreed to pay US$670 million (Pounds 408 million) to settle numerous lawsuits after it was accused of using illegal tactics to keep lower-priced versions of its medicines, cancer-fighting Taxol and the anti-anxiety drug BuSpar, out of the market for many months. Both drugs are now available as generic medicines.
ENDS
BRISTOL-MYERS Squibb has agreed to pay US$670 million (Pounds 408 million) to settle numerous lawsuits after it was accused of using illegal tactics to keep lower-priced versions of its medicines, cancer-fighting Taxol and the anti-anxiety drug BuSpar, out of the market for many months. Both drugs are now available as generic medicines.
ENDS
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