U.S. Department of Justice
Former Bristol-Myers Squibb Senior Executive Pleads Guilty for Role in Dishonest Dealings With the Federal Government
Published in Cardiovascular Device Liability Week, April 26th, 2009
A former senior executive of Bristol-Myers Squibb Company (BMS), Andrew Bodnar, pleaded guilty for his role in BMS's dishonest dealings with the federal government relating to a patent deal involving the popular blood-thinning drug Plavix, the Department of Justice announced. This plea agreement follows BMS's June 11, 2007, agreement to plead guilty and pay a $1 million criminal fine - the maximum fine permitted by statute - for misleading the government about the Plavix patent deal. The Department said that the illegal actions of BMS and its executive threatened to reduce competition that could have lowered the cost of blood-thinning drugs sold to heart attack, stroke and other...
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